istech energy ep-5 pte ltd - alpha...

Istech Energy EP-5 Pte Ltd

ISTECH GROUP

Yangon

October, 2014

ISTECH ENERGY EP-5 PTE LTD


Start Up, Exploration &

Drilling Experience & Optimization


START UP


First and foremost thing is to find a right Local Partner

Plan activities at every stage well in advance,

the weather window is very limited, lasts for only 6 months in most of the areas

Get familiarize with the local Laws,

procedures and systems Plan and carry out ESIA and Seismic API at

the earliest keeping weather window in view


Challenges: Younger and experienced human talent is at

scarce, keep it in view Limitation on Banking Limitation in Communication Infrastructure Myanmar is a beautiful country, people are

very humble and cooperative, but, there are limitations, keep in mind


EXPLORATION


Myanmar has still got many untapped areas

for Exploration There are proven fields of Hydrocarbon Chauk and Yenangyaung, Mann field and Htaukshabin etc., to name a few


Three main prospecting areas Onshore, namely Upper Myanmar (Chindwin Basin) Central Myanmar (Central & Minbu Basins) Lower Myanmar (Pyay &Delta Embayments)


DRILLING EXPERIENCES


Lot of emphasis is required while finalizing;

Well prognosis

Mud policy

as there are chances of encountering

High pressure / High Temperature zones,

Long clay formations


Challenges faced:

Finding Drilling Rig

Getting Ancillary service providers

Limited or lack of infrastructure

Means to handle exigencies


OPTIMIZATON


Thorough planning well in advance

Careful consideration of subsurface geology

Precaution for possible HP/HT encounters

Controlled drilling for reservoir safety

Proper Casing and Mud design

Proper well control equipment


Hiring experienced local talent

Good interactions and coordination with

MOGE, concerned Government Agencies

and Local bodies etc.


Thank you!

istech energy ep-5 pte ltd - alpha...

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