Pacific Hunt Energy is planning a total of four exploration drilling campaigns for its Myanmar onshore blocks PSC C-1 and PSC H in the year 2018 and 2019. During the campaigns, explorations wells will be drilled with the intent to confirm the presence of hydrocarbon reservoirs.
Two drilling campaigns are planned for block PSC C-1, which will be based in the Sagaing Region. The first campaign in the block will commence in the second half of 2018 and the next campaign is scheduled to begin in 2019. For block PSC H, based in the Bago Region, two drilling campaigns are also planned. The first drilling campaign will start in the last quarter of 2018 and the second campaign is expected to begin in late 2019.
In preparation for the drilling campaigns, Pacific Hunt Energy has contracted Artelia, a qualified independent consultant, to perform Environmental Impact Assessments (EIA) on both PSC C-1 and PSC H. During the EIA process, public consultations will also be conducted in the Bago and Sagaing regions. In addition, within the next 60 days Pacific Hunt Energy will request tenders from qualified firms to provide drilling services for both blocks.
Pacific Hunt Energy has been awarded Blocks PSC C-1 and PSC H in the country’s 2013 Onshore Bidding Round. The total land acreage for both blocks totals over 42,000 sq km, providing Pacific Hunt Energy with the largest onshore oil and gas acreage position in Myanmar.
Recommended Reading
Exxon Mobil Green-lights $12.7B Whiptail Project Offshore Guyana
2024-04-12 - Exxon Mobil’s sixth development in the Stabroek Block will add 250,000 bbl/d capacity when it starts production in 2027.
Exxon Ups Mammoth Offshore Guyana Production by Another 100,000 bbl/d
2024-04-15 - Exxon Mobil, which took a final investment decision on its Whiptail development on April 12, now estimates its six offshore Guyana projects will average gross production of 1.3 MMbbl/d by 2027.
Deepwater Roundup 2024: Offshore Africa
2024-04-02 - Offshore Africa, new projects are progressing, with a number of high-reserve offshore developments being planned in countries not typically known for deepwater activity, such as Phase 2 of the Baleine project on the Ivory Coast.
Deepwater Roundup 2024: Offshore Europe, Middle East
2024-04-16 - Part three of Hart Energy’s 2024 Deepwater Roundup takes a look at Europe and the Middle East. Aphrodite, Cyprus’ first offshore project looks to come online in 2027 and Phase 2 of TPAO-operated Sakarya Field looks to come onstream the following year.
Deepwater Roundup 2024: Offshore Australasia, Surrounding Areas
2024-04-09 - Projects in Australia and Asia are progressing in part two of Hart Energy's 2024 Deepwater Roundup. Deepwater projects in Vietnam and Australia look to yield high reserves, while a project offshore Malaysia looks to will be developed by an solar panel powered FPSO.