The Munhamir-1 exploration well in the southern part of the Block 44 was drilled to total depth of 2,845 meters, and resulted in a crude oil discovery in a reservoir formation with a total thickness of approximately 17 meters. The testing showed a crude oil flow rate of approximately 2,367 barrels per day, and natural gas of approximately 0.9 million standard cubic feet per day.
With the result of Shams-3 exploration drilling, natural gas and condensate discoveries will add value to the Shams Gas project of PTTEP. In addition, the Company plans to study and evaluate the Munhamir-1 exploration well in greater detail in order to confirm the petroleum reserves for further development and production.
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