Sri Lanka calls tenders for petroleum development in Mannar Basin

survey mannar cauvery oil

Feb 12, 2017 (LBO) – The Sri Lankan government is inviting expressions of interest for partners to undertake the appraisal and development of gas discoveries and prospects in a 2,900-sq km offshore block in the Mannar Basin, a statement said.

The block (M2) will be offered for licensing this year, including the Barracuda and Dorado gas-condensate discoveries, the Petroleum Resources Development Secretariat (PRDS) said.

A data package will be available containing well data and some 2,600 sq km of 3D seismic coverage.

The remainder of Sri Lankan acreage will be released in a bid round in 4Q 2017. WesternGeco is planning 2D and 3D spec seismic ahead of this off the East coast and in the Mannar Basin, the statement added.

Some airborne FTG/mag surveying is also planned. Govt officials will be available for private meetings in Houston (5-9 Mar ’17) and London (13-14 Mar ’17), and the Sri Lankan plans will also be discussed at CERAWeek on 7 March.

Expressions of interest should be emailed to the Director General of the PRDS, Saliya Wickramasuriya, dg@prds.lk, or Tim.Hemsted@ihsmarkit.com.