Myanmar Petroleum Exploration & Production Co., Ltd. (MPEP) is the local partner of choice of ENI, Shell and Woodside which were all awarded licenses in the second onshore and the first offshore licensing rounds.

Overview

Myanmar Petroleum Exploration & Production Co., Ltd. (MPEP), a sister company of MPRL E&P, is a member of a joint venture also comprising of Shell and Woodside in offshore blocks A-4 and A-7. MPEP is also in partnership with ENI for onshore blocks RSF-5 and PSC-K.

Shell is the Operator for Block A-4 and Woodside operates block A-7. ENI is the Operator of both blocks RSF-5 and PSC-K.


Assets

A-4 Asset Exploration History

Block A-4, operated by Shell, is immediately adjacent to proven onshore local oil production in the Ramree and Cheduba islands. The block is located in the Rakhine offshore region of Myanmar and is south of blocks A-1 and A-3 (both operated by Daewoo). About a quarter of the block is in waters deeper than 500 m. The block was operated by Arakan Oil development Corporation (AODC) during the early 1970s during which 3,000 line-km of 2D seismic was acquired. Subsequently, an exploration well, drilled down to nearly 8,000 ft, showed evidence of gas. No production testing was undertaken and the well was plugged and abandoned.

The block was operated by China National Offshore Oil Corporation (CNOOC) from 2004-2011, whereby multiple 2D seismic surveys were undertaken. However, there was no exploration drilling activities conducted following the seismic surveys and the block was relinquished by CNOOC in 2011.

Key Facts

  • Locations: Rakhine Offshore Region, Myanmar
  • Fiscal Regime: PSC (Production Sharing Contract)
  • Block Size: Approximately 7,480 sq-km
  • Participating Interest: Shell (45%-Operator), Woodside (45%), MPEP (10%)

A-7 Asset Exploration History

Block A-7, operated by Woodside, is adjacent and located to the south of block A-6 where MPRL E&P made a play opening gas discovery in March 2012 followed by a second gas discover in January 2016.

Block A-7 is located in the offshore southern Rakhine Basin of Myanmar. About one third of the block is in waters deeper than 1,000 m. The block was operated by Martaban City Services Inc. (MCSI) in the 1970s during which 2,633 km of 2D seismic were acquired. An exploration well was subsequently drilled down to 12,700 ft by MSCI in 1976 during which there was little evidence of the existence of a petroleum system. No production testing was undertaken and the well was plugged and abandoned.

The block was later operated by Korea Myanmar Development Company (KMDC) in 2008-2012 during which a reprocessing of the existing vintage 2D seismic data was undertaken. No additional seismic or data acquisition activities were undertaken and the block was relinquished in 2012.

Key Facts

  • Locations: Rakhine Offshore Region, Myanmar
  • Fiscal Regime: PSC (Production Sharing Contract)
  • Block Size: Approximately 8,220 sq-km
  • Participating Interest: Shell (45%-Operator), Woodside (45%), MPEP (10%)

RSF-5 Asset Exploration History

Block RSF-5, operated by ENI, is located some 20 miles southeast of the Mann field where MPRL E&P has been providing production enhancement services to MOGE for 20 years.

Block RSF-5 is located in the onshore central Myanmar region, approximately 500 km north of Yangon and some 20 miles to the southeast of Mann field. The block lies mainly over agricultural land with a few forested and scrubby areas. The block is bounded by the Ayeyarwaddy River to the west and is readily accessible via roads from the city of Magwe. A total of 14 wells have been drilled over the structure, including six during the pre-World War II period. A petroleum system is apparent in the block as suggested by well BOC-1, drilled to test the Ondwe surface structure in 1919 and which tested minor amounts of gas from the upper Miocene Obogon formation.

Shell acquired a 59-km regional seismic line across the Ondwe structure in 1990. Subsequently, RSF-5 was operated by Exspan during the period of 1997-2002. Exspan drilled Ondwe NW-1 only to find gas shows.

The Ondwe Structure is located in the southernmost part of a hydrocarbon proven structural trend that extends along the Lepando, Yenangyat, Chauk, Yenangyaung fields. The Ondwe structure is a NW-SE 32-km long full dip closure dissected by normal faults. Hydrocarbon bearing sands are mainly from the Miocene Obogon and Kyaukkok formations, by contrast with the production from Mann field, derived from both Miocene (Kyaukkok and Pyawbwe) and Oligocene (Okhmintaung and Padaung) formations.

Key Facts

  • Locations: Onshore Central Myanmar
  • Fiscal Regime: PSC (Production Sharing Contract)
  • Block Size: Approximately 1,290 sq-km
  • Participating Interest: ENI (90%-Operator), MPEP (10%)

PSC-K Asset Exploration History

Block PSC-K, operated by ENI, is located between the capital city of Nay Pyi Taw to the south and Mandalay to the north, in gas-thirsty fast developing areas of the country.

The block is located some 500 km north of Yangon to the east of PSC-E (operated by Noble Oil) and PSC-G (operated by PTTEP), north of PSC-H (Pacific Hunt). The block lies mostly in hilly terrain, forests and agricultural land. A gravity survey of 2,355 km was acquired by MOGE during 1971-1978. In addition, 26 km of 2D seismic was acquired by MOGE in 1981. MOGE carried out a regional surface geological and geochemical survey in 1998.

No wells have been drilled in this virtually virgin block.

Key Facts

  • Locations: Onshore Central Myanmar
  • Fiscal Regime: PSC (Production Sharing Contract)
  • Block Size: Approximately 6,560 sq-km
  • Participating Interest: ENI (90%-Operator), MPEP (10%)