03 May, 2016

AAPG/EAGE/MGS 3rd Oil and Gas Conference will take place in Yangon - Save the Date 22-24 February 2017

 

The conference to watch out for returns for its third showing in February 2017

Following hugely successful events in in 2014 & 2015, AAPG, EAGE & Myanmar Geosciences Society (MGS) are pleased to announce the third Myanmar Oil & Gas Conference. The event is scheduled to take place in Yangon, from 22-24 February 2017. The three societies are very pleased to work together and bring a quality geoscience event to this rather underexplored country which, in the challenging times of low oil prices, has remained a global hotspot of activity with wells being drilled and seismic being shot.

As part of the 2013 offshore bidding round, 20 blocks were awarded to 13 international oil and gas companies and PSC signing for all blocks was completed by mid-2015. As reported in the Myanmar Times, MOGE’s U Than Tun said at the 3rd Southeast Asia Offshore Summit in September 2015 “The coming 2016-17 year will be the busiest period of Myanmar’s offshore petroleum industry, as oil companies in existing projects and newly-awarded blocks are going to begin exploration activities”. In the 1Q16 two deep water discoveries were reported in blocks A-6 & AD-7 in the Rakhine Basin. In the period 2H15-1H16 more than 10 operators have been shooting large 3D & 2D seismic surveys across all the offshore basins.

With all this industry activity plus a high level of academic research, it is expected that there will be an exciting evolution of knowledge of Myanmar’s petroleum systems, plays & field developments.

Tentative sessions are as follows:

1)     Regional Geology & Tectonic Evolution

2)     Depositional Systems From Source to Sink

3)     Petroleum Systems and Plays: Onshore

4)     Petroleum Systems and Plays: Shallow Water

5)     Petroleum Systems and Plays: Deep Water

6)     Field Developments