Posco Strikes Gas Offshore Myanmar

OE Staff
Tuesday, February 18, 2020

South Korea's Posco International has made a gas discovery at the Mahar well offshore Myanmar.

Located in Block A3, the well was drilled using the Maersk Viking drillship in a water depth of 1000 meters.

The Korea Herald has reported that the reservoir could produce 38 million cubic feet of natural gas per day.

POSCO International is also planning further drilling near the location in 2021, after which it will work on the development plan.

Also, further exploration drilling is expected for the Aung Myin prospect, which is located 24km southeast of the Mahar structure.

Posco in October 2019 signed a contract with Maersk Drilling for the 7th generation drillship Maersk Viking, for a three-well campaign offshore Myanmar.

Categories: Energy Drilling Industry News Activity Production Asia Rigs Exploration

Related Stories

Petrovietnam, Petronas Extend PSC for Offshore Block

CNOOC Makes Major Oil and Gas Discovery in South China Sea

CNOOC Starts Production at Two New Oil and Gas Projects

All Gas from Conrad’s Mako Field to be Sold to Indonesia’s PLN

Valeura Wraps Up Infill Drilling Campaign in Gulf of Thailand

Sapura Energy Nets $720M from Multiple Drilling Services Contracts

CNOOC Brings Online Second Phase of Luda Oil Field Project in Bohai Sea

Initial Drilling Results Raise Questions on South Korea’s Offshore Gas Viability

Kazakhstan Looks to Improve Oil Production Agreements Terms

ADES’ Fourth Suspended Jack-Up Rig Gets Work Offshore Thailand

Current News

Hanwha Drilling’s Tidal Action Drillship En Route to Petrobras’ Roncador Field

China's ENN, Zhenhua Oil Ink LNG Supply Deals with ADNOC

MODEC Wins ExxonMobil Guyana’s Hammerhead FPSO Contract

Mitigate SCC & HE to Keep Offshore Metal Structures Ship Shape

India Stretches Bids Deadline for 13 Offshore Deep-Sea Mineral Blocks

Indonesia Awards Oil and Gas Blocks to Boost Reserves

Sapura Energy Nets $22.6M in Offshore Support Vessel Contracts

CNOOC Puts Into Production New Oil Field in South China Sea

Sunda Energy Starts Environmental Consultation for Chuditch-2 Well Drilling Plans

Pakistan’s OGDC to Start Production at ADNOC’s Offshore Block by 2027

Subscribe for AOG Digital E‑News

AOG Digital E-News is the subsea industry's largest circulation and most authoritative ENews Service, delivered to your Email three times per week

https://accounts.newwavemedia.com