Total continued offering an opportunity to acquire a participating interest in the Yetagun West Block (YWB), located in the Andaman Sea, in November 2018. The company is planning to open a data room for the block in early 2019.  Total is operator and sole interest holder in YWB. The company is planning to drill an exploration well in the block in 2H 2019. Potential exploration targets could be Miocene to Pleistocene deepwater reservoirs, likely within turbidite sand bodies. Secondary target could be Oligocene deltaic sandstones. No prior drilling has been conducted in the acreage.  The study period for YWB has been extended by two years to August 2019. Final decision on the drilling plan could be made by that time.  YWB is located mostly in deep water, with maximum depths exceeding 2,000 m. The last activity in the block was a 3D seismic acquisition that covered over 4,000 sq km, between January and May 2018. The new data likely supported the identification of potential drilling targets. Shearwater Geoservicesâ âPolar Empressâ S/V conducted the survey. The same seismic campaign also covered adjacent block MD-04 to the south, operated by Eni.  In November 2016, Total submitted an Environmental Impact Assessment (EIA) report to the government, in view of future drilling.  The previous activity in the block was a 2,000 km 2D seismic survey conducted between April and May 2016, using the âPolarcus Asimaâ S/V.  YWB was officially awarded to Total on 25 February 2015. The block was offered as part of the 2013 Myanmar Offshore Bid Round. The farm-in opportunity for the block was initially offered by Total in July 2017.   Background Information    The Yetagun West Block is located in the deepwater Andaman Sea Basin, with water depth ranging from 1,000 m to 3,000 m. The block is situated along the Myanmar boundary with India, north of block MD-4 and immediately west of Petronas Carigaliâs block M-12. To date, no exploration drilling has been conducted within the block perimeter. Although there is no exploration work conducted, 8.5 km west from the block boundary, in the India territory, block AN-DWN-2002/2, operator ONGC drilled one deepwater exploration well, ANDW-5 in November 2011. The wildcat ANDW-5 was spudded in water depth of 1,995 m with Transocean âDhirubhai Deepwater KG-1â drillship. The well was plugged and abandoned in late January 2012, likely as a dry well.
Total continued offering an opportunity to acquire a participating interest in the Yetagun West Block (YWB), located in the Andaman Sea, in November 2018. The company is planning to open a data room for the block in early 2019. Total is operator and sole interest holder in YWB. 