Tuesday 26 March 2019 ,
Latest News
  • Mamata greets Bangladesh on Independence Day
  • Quader shifted to cabin from ICU
  • Advance country being imbued with patriotism : PM
  • Bangladesh celebrates Independence Day
  • Need united movement to restore people's rights: Dr Kamal
  • President, PM pay homage to Liberation War heroes
  • Bangladeshi construction worker’s stare breaks the Internet
15 March, 2019 10:54:59 AM

Print

Myanmar’s black gold lures plucky oil drillers

AFP, Minhla, Myanmar
Myanmar’s black gold lures plucky oil drillers
This photo taken on Sunday shows workers operating a machine to extract crude oil from a well at an informal oil field in Minhla township, central Myanmar. The fields near Minhla are Myanmar's equivalent of the old American Wild West, where informal oil entrepreneurs scramble from site to site in the hope of drilling deep and striking lucky. AFP photo

As clouds of acrid, black smoke belched above the flames engulfing an artisanal oil field in central Myanmar, prospectors from nearby hillsides arrived in droves, hoping for riches from a fresh line of black gold. "The fire's a really good sign -- it means there's lots of oil here," Khin Maung Htay

tells the news agency as he scouted around the site just hours after the blaze was extinguished.

"There were 600 barrels of oil a day coming out." The fields near Minhla, north of Yangon, are Myanmar's equivalent of the American Wild West, where informal oil entrepreneurs scramble from site to site in the hope of striking lucky. It is a hard way to make a living. A forest of temporary "derricks", three legged pyramids made from metal or bamboo stretching 30 feet or more into the air, covers the hillsides.

A pulley at the top of each well supports a drill that can plunge more than a kilometre into the ground.

Each is manned by a team working round-the-clock, often caked in black, viscous grime as they wait for a potentially lucrative spurt of oil.

"It's like the lottery," shouts Than Moe over the deafening noise of generators powering the field's hundreds of drills.

As he cooks up some rice for his crew of seven, he explains that setting up a drilling operation can set you back more than $60,000.

"But if we strike oil, we can get that back in one day."

The teams live right next to the wells in bamboo huts and tarpaulin tents offering some protection from the searing heat.

Many even bring their families along for their nomadic life.

Children run around the hillsides dodging motorbikes and trucks transporting barrels of oil, while a handful of restaurants and tea shops serve the transient population of several thousand.

The weekend's blaze extinguished, some trudge knee-deep through a river of oozing filth, overspill from the wells mixing with water left behind by fire trucks, scraping up any oil they can salvage.

People here dismiss the risks involved.

"The fires aren't dangerous. They happen all the time," one man says without giving his name.

"We're just worried about losing money."

HM

Comments

Poll
Today's Question »
State minister for power Nasrul Hamid yesterday said everyone to have access to electricity by June. Do you think the feat achievable by the timeframe?
 Yes
 No
 No Comment
Yes 54.5%
No 41.7%
No Comment 3.8%
Video
More Business Stories

Copyright © All right reserved.

Editor : M. Shamsur Rahman

Published by the Editor on behalf of Independent Publications Limited at Media Printers, 446/H, Tejgaon I/A, Dhaka-1215.
Editorial, News & Commercial Offices : Beximco Media Complex, 149-150 Tejgaon I/A, Dhaka-1208, Bangladesh. GPO Box No. 934, Dhaka-1000.

Editor : M. Shamsur Rahman
Published by the Editor on behalf of Independent Publications Limited at Media Printers, 446/H, Tejgaon I/A, Dhaka-1215.
Editorial, News & Commercial Offices : Beximco Media Complex, 149-150 Tejgaon I/A, Dhaka-1208, Bangladesh. GPO Box No. 934, Dhaka-1000.

Disclaimer & Privacy Policy
....................................................
About Us
....................................................
Contact Us
....................................................
Advertisement
....................................................
Subscription

Powered by : Frog Hosting