Daewoo International makes giant gas discovery in Rakhine basin off northwestern Myanmar

01/26/2004
Daewoo International Corp., Seoul, and Korea Gas Corp. discovered 4 to 6 tcf of recoverable gas on Block A-1 in the nonproducing Rakhine basin shelf in the Bay of Bengal off northwestern Myanmar and plans to pursue other similar objectives on the block.The Shwe-1/1A wildcat is the first wildcat drilled in the Plio-Pleistocene section off northwestern Myanmar and the country's first offshore discovery since Yetagun gas field in the Gulf of Martaban 12 years ago, Daewoo said. It is Daewoo's first well on its first project as operator.Based on the first well results and 2D seismic analysis, the new field's areal extent is estimated at 14,900 acres. In view of the high productivit...
read-story

Why Register?

Non-subscribers can only view whitepapers by providing name, home and email address, phone number and other information and comment on/rate articles.

Why Subscribe?

Oil & Gas Journal subscribers with login credentials can access these premium features of OGJ Online:

  • Current Issue – an html version of the current week's issue of Oil & Gas Journal.
  • Past Issues – An Electronic OGJ Archive. A keyword-searchable archive of all issues of Oil & Gas Journal dating back to 1990; also searchable by issue date.
  • Market Journal – a weekly round-up of the oil and gas markets, with observations from leading analysts.
  • Editor's Perspective – a short article of insight and opinion by the Editor of Oil & Gas Journal.
  • OGJ Industry Stats – quick access to current industry statistics from Oil & Gas Journal.
  • OGJ Survey Downloads - quick access to exclusive reports from Oil & Gas Journal.

 

Subscriber Help or Subscribe

Oil & Gas Journal Subscribers: Have your subscription number (from the mailing label on the cover of your Oil & Gas Journal) and e-mail address ready to set up your online account through Customer Service Assistant.

If you're not an Oil & Gas Journal subscriber, start a subscription and gain access to the subscriber areas of OGJ Online now.

Stay Connected