UPSTREAM OIL & GAS

Parami Energy currently operates one onshore block, PSC-I, partnering with Jubilant Energy, and is a shareholder in one unitized offshore block, AD-3 and A5 (subject to Government approval) together with Ophir Energy and Chevron. Parami Energy is a compliant and transparent partner, employing many specialists and engineers to support the exploration and development of potential oil and gas reserves in the country. The organization is also engaged in production optimization initiatives in conjunction with international service companies in a bid to realize significant gains in legacy onshore oil fields.

Service

PARAMI ENERGY SERVICES CO. LTD ( PES ), later changed its company’s name to Mandalay Petroleum Services. This company was founded in 2009 to develop services in oil and gas exploration, development and operations according to industry standards.

We provide services that include:

  • 2D/3D Seismic Data Acquisition
  • Seismic Shot Hole Drilling
  • Geophysical QA/QC
  • Geophysical/Geotechnical Survey for well site preparation
  • Wire line services
  • Mud Logging

Drilling Rig and Related service is a subsidiary service under the Mandalay Petroleum Services. This service is provided by personnel who have more than 20 years of experience in the Oil and Gas Industry. We provide these services with high efficiency, technology, and high QHSE standards. The services provided are as follows:

  • Drilling Rig rental services
  • Manpower services
  • Well site preparation and access road
  • Logistic and catering services

We provide these engineering services:

  • Rig mobilization and demobilization
  • Rig pump operation and maintenance
  • Drilling mud solid control equipment installation and maintenance
  • Drilling rig cementing operation and maintenance
  • Rig supply water pump & line installation, operation and maintenance
  • Crude transfer pump & line installation, operation and maintenance
  • Natural gas transfer line installation and maintenance
  • Water and crude storage tank installation and calibration

Production Quality Services

Our Production Engineers can provide comprehensive services for private and public sector companies. We provide services:

  • Production Optimization Services
  • Plan for long term Enhanced Oil Recovery Project for Onshore existing Oil & Gas Fields.
  • Reservoir Stimulation
  • API Down hole Workshop
  • Gas receiving and distribution station control valves, regulating valves, metering valves and safety valves maintenance services.

Production Equipments

Production Equipment can also be provided to Oil and Gas operators in the Myanmar Oil and Gas Industry. The equipment are as follows:

  • Progressing Cavity Pump and spares
  • Insert Pumps and spares
  • Tubing Pumps/ Working barrels and spares
  • Well Head Assembly and X-mass tree
  • Pumping Units
  • All types of pressure control valves and Metering instruments
  • Gas Booster Compressor and spares
  • Gas Filter Unit
  • Gas Regulation Control Unit

We provide other services in addition to those stated above. Some examples include casing for offshore blocks to providing pump units and drilling equipment. We provide bespoke services in accordance to the needs of our clients.

Exploration

Parami Energy Development, one of the organizations of Parami Energy Group of Companies, takes care of oil and gas exploration task.

Parami Energy Development aims to be a leading energy player of oil and gas upstream sector and to become a regional and international exploration company in this arena.

Parami Energy Development has a dedicated and experienced E&P Team of over 15 people, comprising of Geologists, Geophysicist, Drilling & Production Engineers and Logisticians to take care of exploration and production activities in Myanmar. The team has deep understanding of the oil & gas fields of Myanmar.

Prospective Resources

  • Gas : 831.80 BSCF
  • Oil & Condensate : 154.15 MMBO

Exploration & Development (Mining)

  • 100% Medium-size Mine Magnesium Di-oxide Probable Reserve 20,000 MT
  • 100% Medium-size Mine, Bentonite Probable Reserve 100,000 MT