Italian oil and gas company Eni Spa has begun exploratory drilling at the Shwe Nan Htike Well 1, located in the onshore block RSF-5, in Magwe Region, the Ministry of Electricity and Energy (MOEE) announced.
Myanma Oil and Gas Enterprise and Eni Myanmar BV started 3D seismic studies in the block in 2017 and completed the preliminary work in 2018.
Based on result of the measurement, a well measuring some 3,800 metres deep will be drilled at the site to test sand layers where oil and natural gas could be found said the MOEE.
The work is being carried out in accordance with the recommendation of the environmental, social and health impact assessment and is focusing on minimising environmental impacts, said U Tun Naing.
A production sharing agreement for the RSF-5 block was signed between ENI and the ministry in 2014.
