Thailand's state-owned PTTEP is advancing towards a final investment decision for the long-delayed Aung Sinkha gas field development in offshore Block M-3, with first gas now targeted for 2028. The project, discovered in 2011, has seen numerous development concepts considered over more than a decade, but progress had stalled. Current plans anticipate production of 60 million cubic feet per day of gas, which is intended for domestic power generation under a long-term sales agreement.

Return to Drilling at Yadana and Zawtika

In parallel, PTTEP is returning to exploration and development drilling offshore Myanmar in collaboration with Myanma Oil & Gas Enterprise (MOGE). A multi-well drilling campaign is scheduled from November 2025 to March 2027. This campaign includes plans for three infill wells to offset production decline and three exploration wells to extend the producing life of the Yadana gas field in Blocks M-5 and M-6.

Zawtika Field Development

PTTEP is also progressing the next development phase of its Zawtika gas field, located mainly in Block M-9. The project is currently executing Phase 1E, which involves four offshore wellhead platforms, with the aim of producing gas from new wells by early 2026. This phase is intended to maintain production levels from the field.

Production and Ownership

Production from the Yadana and Zawtika projects averaged 347 MMcfd and 322 MMcfd of gas, respectively, in the third quarter of 2025. PTTEP holds a 62.96% operating interest in Yadana, with MOGE holding the remainder, and an 80% stake in Zawtika. The operator assumed full control of Yadana after international partners TotalEnergies and Chevron withdrew from Myanmar following the 2021 military coup.

Myanmar's Energy Context

Myanmar's government is coordinating agreements to support new gas projects, emphasizing natural gas and hydropower as pillars to meet increasing electricity demand and phase out coal by 2050. While new projects like the Min Ye Thu project on Block M-10 have been awarded, the upstream sector has seen the departure of several international companies since the military regained power. A general election is planned to begin in phases on 28 December.

This material is an AI-assisted summary based on publicly available sources and may contain inaccuracies. For the original and full details, please refer to the source link. Based on materials by Ting Nan Wang,Amanda Battersby. All rights to the original text and images remain with their respective rights holders.