India Ltd has announced that the ''original gas-in-place''
(OGIP) reserves of the Shwe field in Block A-1 offshore,
Myanmar-one of its international E&P venture, has
been certified by Ryder Scott, an international third-party
consulting firm. The OGIP is certified between 2.88- trillion
cubic feet to 3.56-trillion cubic feet.
along with consortium members Daewoo International Corporation,
operator of the block, OVL, ONGC''s overseas arm, and Korea
Gas Corporation, is carrying out exploration in the block
the 2005-2006, the consortium has plans to drill six or
seven wells in Blocks A-1 and A-3, an exploration block
adjacent to A-1, and three appraisal wells at the Shwe
Phyu field in block A1, two or three exploratory wells
at the Shwe Nilar and Ngwe North prospects in block A-1,
and one exploratory well in Block A-3.
has been considering possible options to bring the gas
A-1 to India and their feasibility has also been carried
out by it, says the company. GAIL''s team plan to visit
Myanmar shortly to present its plans to bring the gas
to Indian markets to all the consortium members and subsequently
to Myanmar''s ministry of energy.