Wet gas prospect spurs resource development in Andaman Sea Development for Southeast Asia looks promising with exploration programs planned for 2021 and 2022.

Prado, Larry

Wet gas prospect spurs resource development in Andaman Sea Development for Southeast Asia looks promising with exploration programs planned for 2021 and 2022. - nov. 2020 - [c.a.] 3 p.

Following an extensive 3D seismic survey and the confirmation of a large wet gas prospect in the southern Andaman Sea, Premier Oil and other major companies are planning to explore the gas and condensate potential. The recent discovery in the sea by Premier Oil is near a mothballed LNG train at the onshore Arun facility on the island of Sumatra, Indonesia, in the Andaman II Block. The large wet gas prospect has an estimated prospective resource of approximately 6 Tcf of gas and 200 MMbbl of condensate in each of the Andaman blocks. Field development and exploratory drilling is planned in 2022 for both prospects. The Andaman II license is located in the underexplored but proven offshore North Sumatra Basin, and exploration drilling is planned in the Andaman II and South Andaman blocks.

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