Oil exploration activities being expanded
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- Published on Tuesday, 17 July 2012 13:06
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Oil and gas exploration activities in Sri Lanka's offshore belt from Mullaitivu to Galle will be expanded next year.
Early this year Sri Lanka decided to offer upto 10 offshore blocks in the Cauvery and Manner basins. The Director General of Petroleum Resources Development Secretariat has said that following discovery of gas and liquid hydrocarbons in two wells out of three wells drilled last year by Cairn Lanka, substantial interest has been generated in the industry. Cairn is now engaged in the second phase of their exploration, having recently acquired a further 600 square kms of 3D seismic data in their current block.
They are currently evaluating the results, which, in combination with the further interpretation of their existing 3D data, will form the basis for their 2013 drilling campaign. He has said that it is planned to offer up to 10 offshore blocks for exploration under the upcoming Sri Lanka 2012 bid round. (niz)
