Total announces positive appraisal of A6 Block discovery, offshore Myanmar

9/24/2018

PARIS -- Total announces a successful appraisal of the A6 Block, Shwe Yee Htun-2 discovery, offshore Myanmar, completing a major step towards confirming a commercial project. The well was drilled to a final depth of 4,820 m and encountered 40 m of net gas pay in a high-quality reservoir. Preliminary tests confirm good reservoir quality, permeability and well production deliverability.

The Shwe Yee Htun-2 adds to the Shwe Yee Htun-1 (2016) and Pyi Thit-1 (2017) gas discoveries made earlier on the Block. The cumulated resources are evaluated in the range of 2 to 3 Tcf.

“This new discovery on A6 block is a major step towards unlocking new gas reserves in an area closely located to the fast growing regional markets. Total’s track record of Myanmar’s Yadana gas field exploitation is a key asset to lead these discoveries to commercial development,” outlined Arnaud Breuillac, president of E&P at Total.

Total holds a 40% interest in A6 Block, alongside Woodside Energy Ltd (40%, technical joint operator for exploration and appraisal operations) and MPRL E&P Pte Ltd (20%, joint operator). As per joint venture agreements, Total is to take over operatorship in the development phase.

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