Union Minister for Energy U Ko Ko Lwin, currently in China to attend 2025 International Forum on Energy Transition and promote Myanmar-China cooperation in energy sector, visited the age-old oil fields in Yulin Province, on 18 October.
The team led by the Chairman of the state-owned Yan Chang Company explained in detail regarding their use of advanced technologies to increase oil production, the maintenance of oil deposits, the purification of water injected into oil wells, the full digital control of the entire production process, and the measures being taken to protect the environment from harmful actions.
On 19 October, the Union minister and party heard the presentation made by the chairman-led team at North Petroleum & Chemical Corporation meeting hall regarding measures to increase oil production in relevant age-old oil fields, the technologies and procedures that should be applied in Myanmar’s old oil fields depending on geological age and soil, the need to manage oil fields using digital technology, and the benefits gained from the application of advanced technologies.
The Union minister noted that the oil field visited for this study does not differ in age compared to the onshore oil fields of Myanmar. Although the remaining oil and natural gas quantities are much smaller than those in some of other oil fields of Myanmar, the use of advanced technologies has enabled systematic operations, resulting in a significant increase in production rates. Moreover, it is noteworthy that up to 90 per cent of the recoverable oil and natural gas can be extracted.
He invited to make investment in Myanmar, and expressed willingness to send the staff to oil and gas universities and workplaces of China for practical and lecture, and transfer of advanced technologies in the future.
The Union minister visited the factory producing equipment used in 3D seismic surveying operations, the factory officials demonstrated the production of each component, the assembly of parts after production, and the testing of the final products. They demonstrated the use of advanced wireless 3D seismic equipment.
As the Ministry of Energy has so far only been able to carry out Wireline 2D seismic, the use of wireless 3D seismic equipment would bring several benefits, including the ability to discover and confirm new oil and natural gas deposits, accurately estimate the recoverable quantities, and, by conducting additional surveys in areas already measured with Wireline 2D seismic, it can provide precise and comprehensive geological data for drilling operations.
MNA/KTZH
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