Myanmar: the Golden Land

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Myanmar: the Golden Land VOL. 16, NO. 1 – 2019 GEOSCIENCE & TECHNOLOGY EXPLAINED geoexpro.com GEOEDUCATION Creating Excitement in the EXPLORATION Geosciences Myanmar: The Golden Land GEOTOURISM Australia’s Big Outdoor Museum TECHNOLOGY The Pre-Drill Prediction Toolbox HISTORY OF OIL Mr Five Per Cent Make Better Decisions on Indonesia Exploration Opportunities North Sumatra South Makassar 3D acquisition ongoing Fast-track available Q2 2019 North Madura West Timor PSTM and PSDM High density fast-track available now available Q2 2019 Broadband Data Available for Viewing The latest PGS MultiClient 3D GeoStreamer surveys enable a better understanding of the plays and prospectivity oshore Indonesia. To find out more about these surveys and new acquisition plans, visit our website or contact ap.info@pgs.com. A Clearer Image | www.pgs.com/Indonesia Previous issues: www.geoexpro.com Contents Vol. 16 No. 1 This edition of GEO ExPro focuses on Australasia and South East Asia, New GEOSCIENCE & TECHNOLOGY EXPLAINED Technologies, and Training Geoscientists. 5 Editorial ; 6 Regional Update Gulbenkian: Revealing the man behind the myths. 8 Licensing Update 10 A Minute to Read 14 Cover Story Exploration: Myanmar - The Golden Land v 18 Hot Spot: Great Expectations PetroEDGE Virtual field trips offer an integrated and flexible 20 Seismic Foldout: learning resource. Gippsland Basin Rejuvenated 26 GEO Education: Creating Excitement in the Geosciences Y 30 History of Oil: Mr Five per Cent, The last frontier in seismic Calouste Gulbenkian interpretation is getting a step closer. 34 GEO Education: Eliis Field Trips in a Virtual World I 38 Technology Explained: Robert Hall East Indonesian geology suggests The Pre-Drill Prediction Toolbox that relatively recent tectonic events had spectacular consequences on 42 Seismic Foldout: palaeogeography and life. Offshore Somalia – The Chase is On! 48 Recent Advances in Technology: Finite Difference Modelling IV : 52 GEO Tourism: The lives of great geologists Australia’s Big Outdoor Museum uncover the story of the science itself. 56 Technology Explained: To Boldly Go… 58 Exploration: New Views of Eastern Indonesia 64 Seismic Foldout: w Offshore Exploration in Greece X 70 GEO Media: Great Geologists h F N 8 X 72 Exploration Update r 0 @ 74 Q&A: The Importance of Mentoring 5 I 76 Global Resource Management Y X W p GEOExPro March 2019 3 Legend TGS_MC3D Oil Fields (GPInfo) WA-521-P W17-4 Gas Fields (GPInfo) Permit Blocks (GpInfo) Blocks Exploration Permit WA-482-P Gazettal Production Licence Retention Licence Open Acreage WA-436-P WA-435-P WA-528-P WA-468-P WA-389-P Phoenix Phoenix South WA-389-P W18-4 WA-437-P WA-389-P WA-409-P WA-525-P W18-5 WA-438-P WA-359-P Mutineer/Pitcairn Fletcher Exeter Bounty Finucane South Exeter Deep WA-191-P Hermes WA-535-P Lambert West Lambert Deep WA-17-L Lambert WA-3-L Egret Eaglehawk Angel Talisman Amulet Searipple Persephone Montague Perseus Cossack North Rankin Wanaea WA-5-L Gaea WA-11-L Goodwyn Hurricane Legendre Wheatstone Echo/Yodel WA-2-L Dockrell Goodwyn South Keast Tidepole Rankin Sculptor Lady Nora Dixon Pemberton Jalfrezi Haycock W18-6 Sage Iago WA-524-P WA-7-R WA-452-P Saffron Coastline Wilcox Winchester Reindeer Caribou Gungurru Corvus Wandoo We have the Australian Bedout and Beagle Sub-basins Covered The Bedout Sub-basin, offshore Western Australia contains the largest oil discovery of the North West Shelf in the last 30 years. Blocks are available within the data coverage. Available Now! • New Polly 3D, Repro PSDM • New Beagle 2Dcubed • Capreolus 3D PSDM • New Capreolus interpretation report completed by RISC See the energy at TGS.com © 2019 TGS-NOPEC Geophysical Company ASA. All rights reserved. Editorial Legend TGS_MC3D Increasing Demand in South East Asia GEOSCIENCE & TECHNOLOGY EXPLAINED Oil Fields (GPInfo) WA-521-P W17-4 Gas Fields (GPInfo) www.geoexpro.com Permit Blocks (GpInfo) South East Asia holds only a relatively small Blocks percentage of the world’s oil and gas (about 2% of Exploration Permit WA-482-P total proved oil reserves and 5% of total gas), but Gough Amy GeoPublishing Ltd Gazettal has nonetheless played an important role in the 15 Palace Place Mansion Production Licence development of the industry. Oil produced using Kensington Court Retention Licence London W8 5BB, UK Open Acreage hand-dug wells in Sarawak was mentioned in official +44 20 7937 2224 WA-436-P Chinese documents in the 11th century and the WA-435-P process is thought to have been used in Myanmar Managing Director WA-528-P Tore Karlsson WA-468-P as long ago as 900 BC. The first commercial well in WA-389-P Phoenix South East Asia was drilled in 1885 in East Sumatra Editor in Chief Phoenix South by Aeilko Jans Zijklert, a 25-year-old Dutch tobacco Jane Whaley planter-turned-oil-explorer who, five years later, jane.whaley@geoexpro.com WA-389-P founded the Royal Dutch Company. Sadly, he died W18-4 Editorial enquiries shortly afterwards, and was not able to see either Producing oil with hand-dug wells in Myanmar. GeoPublishing WA-437-P WA-389-P WA-409-P the success of his discoveries or how his fledgling Jane Whaley +44 7812 137161 WA-525-P W18-5 WA-438-P company eventually morphed into the supermajor we know as Shell. WA-359-P As elsewhere, investment in exploration in the region reduced dramatically after the oil jane.whaley@geoexpro.com Mutineer/Pitcairn Fletcher www.geoexpro.com Exeter Bounty price collapse in 2014. Demand, however, has not – in fact, in the ten countries which make Finucane South Exeter Deep WA-191-P up the Association of South East Asian Nations (ASEAN), energy demand grew by 60% in the Sales and Marketing Director Hermes WA-535-P Lambert West Lambert Deep years between 2000 and 2017. Many of these countries have experienced significant economic Kirsti Karlsson WA-17-L Lambert WA-3-L Eaglehawk Egret Angel Talisman Amulet +44 79 0991 5513 Montague growth, and the population of the ASEAN countries increased by an average of 23% during Searipple Persephone Perseus Cossack North Rankin kirsti.karlsson@geoexpro.com Wanaea this time, so there is an urgent need for new resources to feed this economic development and WA-5-L Gaea WA-11-L Goodwyn Hurricane reduce the strong dependence on coal and imported oil. Legendre Wheatstone Echo/Yodel WA-2-L Dockrell Goodwyn South There have been signs of a rally in the market since the middle of 2018, albeit at a lower rate Keast Tidepole Rankin Sculptor Lady Nora than in other parts of the world. In Vietnam, for example, PetroVietnam is developing a large Dixon Pemberton Jalfrezi Haycock W18-6 Sage gas field known as Block B, while in Indonesia significant investment is planned for the second Iago WA-524-P Subscription Saffron Coastline WA-7-R WA-452-P phase of the giant Senoro gas field. In fact, it has been reported that as many as 50 oil and gas GeoPublishing Ltd Wilcox Winchester Reindeer Caribou Gungurru fields, with a collective resource of 4 Bboe, will be approved for development between 2018 +44 20 7937 2224 Corvus Wandoo and 2020. While some of this investment will focus on developing existing fields, a number 15 Palace Place Mansion of large new fields, such as the Pegara discovery offshore Sarawak, are in Kensington Court London W8 5BB, UK development, hoping to start production within the next couple of years. kirsti.karlsson@geoexpro.com Over three-quarters of the planned development is for gas fields. We have the Australian Bedout and For many years, South East Asia had limited attraction to explorers as GEO EXPro is pub lished bimonthly it was viewed as too gas-prone, but with economic development has for a base subscrip tion rate of GBP 60 a year (6 issues). come an increased demand for gas for both domestic and industrial uses Beagle Sub-basins Covered We encourage readers to alert us throughout the region. The appetite for exploration in South East Asia to news for possible publication should continue to grow. and to submit articles for publication. The Bedout Sub-basin, offshore Western Australia contains the Jane Whaley Editor in Chief VOL. 16, NO. 1 – 2019 Cover Photograph: GEOSCIENCE & TECHNOLOGY EXPLAINED Main Image: Conor McMillan largest oil discovery of the North West Shelf in the last 30 years. geoexpro.com Inset: Thomas Smith EXPLORATION GEOEDUCATION Creating Excitement in the Myanmar: Geosciences Layout: Winslade Graphics Blocks are available within the data coverage. The Golden Print: Stephens & George, UK Land issn 1744-8743 Available Now! MYANMAR: THE GOLDEN LAND GEOTOURISM The famous Golden Rock of Myanmar is precariously balanced Australia’s Big Outdoor Museum • New Polly 3D, Repro PSDM on the 1,100m high summit of Mount Kyaiktiyo, a granite boulder TECHNOLOGY cubed covered in gold leaf. This is a testament to the multitude of minerals The Pre-Drill • New Beagle 2D Prediction Toolbox and gems found in the country, as well as a very productive HISTORY OF OIL • Capreolus 3D PSDM petroleum industry that has been active for nearly 3,000 years. Mr Five Per Cent Inset: Teachers learning about geology at G-Camp, a diverse and • New Capreolus interpretation report completed by RISC eye-opening field experience. © 2019 GeoPublishing Limited. Copyright or similar rights in all material in this publication, including graphics and other media, is owned by GeoPublishing Limited, unless otherwise stated. You are allowed to print extracts for your personal use only. No part of this publication may be reproduced, stored in a retrieval system, or transmitted in any form or by any means electronic, mechanical, photographic, recorded or otherwise without the prior written permission of GeoPublishing Limited.
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