PTTEP

American Chevron left the Yadana field offshore Myanmar. This was reported by Reuters with reference to a company representative. Reason for leaving Chevron’s share in the project was 41.1%. The shares were not sold, the company distributed them among the remaining shareholders: – Thai company PTT Exploration and Production (PTTEP); …

Description: Sound reservoir management is compulsory to maximize field recovery throughout its life. Strategizing the data acquisition while recognizing its value of information and utilizing latest technology are the key enablers to assure optimum field decision and development. Understanding reservoir behavior and maximizing information provided by the acquired data are …