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PTTEP announces drilling result of appraisal well, Zawtika-5, in Myanmar M9 Block


Published Jul 11, 2007
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PTTEP announces drilling result of appraisal well, Zawtika-5, in Myanmar M9 Block-Spotlight

PTTEP reports the drilling result of appraisal well, Zawtika-5, in addition to the 4 exploration wells and 3 appraisal wells which were reported to the Stock Exchange of Thailand.

The appraisal well Zawtika-5, located in the east of Zawtika-4 well, was spudded on June 21th, 2007. The well was drilled to a total depth of 2,527 meters and encountered seven zones of natural gas bearing formation with a total thickness of 100.5 meters.

The flow rate testings (Tubing Stem Test-TST) were conducted on two zones, indicating maximum natural gas flow rates of approximately 38.36 million standard cubic feet per day (MMSCFD) and 33.12 MMSCFD respectively. The combined flow rate of two zones is 71.48 MMSCFD.

The successful result of the appraisal well Zawtika-5 affirms the commercial potential of natural gas in Zawtika area. PTTEP will prepare a development plan for future production in M9 Block.




   

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