Shwe gas field
| Shwe | |
|---|---|
| Country | Myanmar |
| Region | Bay of Bengal |
| Location | Rakhine Basin, ~60 km offshore Kyaukphyu |
| Block | A-1 and A-3 |
| Offshore/onshore | offshore |
| Operator | POSCO International |
| Partners | POSCO International (51%), MOGE (15%), ONGC Videsh (17%), GAIL (8.5%), KOGAS (8.5%) |
| Service contractors | China Offshore Oil Engineering Corporation (COOEC) |
| Field history | |
| Discovery | 2004 |
| Start of development | 2007 |
| Start of production | 2013 |
| Production | |
| Current production of gas | 20×106 m3/d 700×106 cu ft/d 7.3×109 m3/a (260×109 cu ft/a) |
| Year of current production of gas | 2023 |
| Estimated gas in place | 260×109 m3 9.1×1012 cu ft |
| Recoverable gas | 60×109 m3 (2.1×1012 cu ft) |
| Producing formations | Rakhine Offshore Formation |
The Shwe gas field is a major natural gas field in the Bay of Bengal, located approximately 60 kilometers offshore from Kyaukphyu, in Myanmar’s Rakhine Basin. It spans production blocks A-1 and A-3 and is one of Myanmar’s most significant offshore energy assets.