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News Image 81553 - No gas or oil in 4th well-Cairn
Friday, 1 March 2013 - 9:24 AM SL Time - Some news pictures are worth a million words
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Against the backdrop of Sri Lanka going for a second licensing round to auction more blocks, the fourth well drilled in Sri Lanka s Mannar basin by Cairn Lanka, a fully owned subsidiary of Cairn India, has been plugged and abandoned as a dry hole.
The well was plugged and abandoned and the rig is being demobilised. The Petroleum Resourced Development Secretariat (PRDS) is being notified, said Cairn India in a statement.
It further noted that they encountered multiple thick high quality reservoir sands, which were not hydrocarbon bearing.
Cairn Lanka entered into the second phase of oil exploration in the Mannar basin with the drilling of the fourth well on February 2, three months before the scheduled date due to the early availability of a rig.
In a recent Interview with Daily Mirror, Cairn India and Cairn Lanka Director Sunil Bharati speaking of the possibilities lying beyond the second phase said that there were several paths Cairn Lanka could take in going forward.
Depending on the results of the second phase, there could be two or three different paths available to us, as envisaged in the Petroleum Resources Agreement. Either we can choose to proceed to the third phase, which will again require drilling a commitment well and have a time period of one to two years, or not to enter the third phase but enter into an appraisal phase followed by a development phase.
If we opt to enter the development stage, we will have to do a detailed appraisal to establish the volume of oil or gas available in the block, which will take one to two years. Only then will we know whether the block is commercially viable, he said.
He further added that both paths had timelines clearly defined in the PRA Cairn Lanka had entered into with the Sri Lankan government, with six months to one year extension periods.
The statement released by Cairn India yesterday noted that the data, along with the results of the prior two discoveries, were being integrated to fully understand the future block potential.
In October 2011, Cairn Lanka announced that it had discovered natural gas deposits in Dorado, an exploratory well located in the SL 2007-01-001 block in the Mannar basin.
This was followed by a further announcement in November that the firm had discovered gas deposits with hydrocarbon potential in the second exploratory well, Barracuda. A third well was also drilled and subsequently abandoned as a dry hole.
Meanwhile, Sri Lanka is currently preparing to launch a second licensing round to auction more blocks in the Mannar and Cauvery basins amidst interest expressed by oil majors in the world - See more at: http://www.dailymirror.lk/news/26079-no-gas-or-oil-in-4th-well-cairn.html#sthash.NtWMSmal.dpuf
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owls
Joined: Dec 2010
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 1 Mar 2013 03:37:01 GMT Report for Abuse
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| It is said that GOSL is planning to make minister Sirisena's son as state witness on the assault case. |
BlackPanther
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 1 Mar 2013 07:15:26 GMT Report for Abuse
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There is no oil in this crazy island.
Government is misleading the general pubic.
Government is attempting to change the mind of starving people saying oil is available in this crazy island.
People know the tacticks use by Maharaja and his clan
to brain wash starving people in the country!
KANNA NATHNAM BEEPIYAU OIL KALAKANNIYANE! |
megashane
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1 Mar 2013 07:44:29 GMT Report for Abuse
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Government is attempting to change the mind of starving people saying oil is available in this crazy island.
People know the tacticks use by Maharaja and his clan
lols, A peelamist is pi$$ed off :)
BlackPanther
Joined: Jun 2008
Posts: 49
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3 Jul 2008 20:29:28 GMT Report for Abuse
KARUNA, We Welcome to SRI LANKA. Please start your struggle again to liberate Tamil people from Sinhala Terrorists. You know how many innocent people killed by Sinhala Terrorists (Army, Navy, Air Force and Police) while you are in the prison in the UK? Do not forget your people and your land belongs to your people.
http://www.lankanewspapers.com/news/2008/7/29945_21.html?CH11215128332320EN1 |
megashane
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1 Mar 2013 07:46:41 GMT Report for Abuse
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Guys
Watch this, prof.Nalin analyses the situation surrounding 'Geneva'
http://www.v2.itn.lk/?p=9402 |
seethrough
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1 Mar 2013 08:49:10 GMT Report for Abuse
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Watch this, prof.Nalin analyses the situation surrounding 'Geneva'
Who is this Nalin moron? Another Sinhala Yes..Yes...survivor?
Will be get the Umbasordor post for Italy?
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seethrough
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1 Mar 2013 08:54:50 GMT Report for Abuse
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Moda Shame, Learn from this great sinhala buddhist gentleman who is a model for the Miracle A(r)se-Siyawa:
Minister Mervyn Silva says that he does not condone the recent unwarranted actions of SLFP General Secretary and Health Minister Maithripala Sirisena s son.
Mervyn Silva has made this comment to a journalist from the state media upon being questioned about the incident where the Health Minister s son and a group of his friends had assaulted Batticaloa DIG Ravi Waidyalankara s son.
However, Mervyn Silva s news item was removed from the publication before it was sent to print. When the journalist has inquired, Silva had said, The Health Minister and Ravi Waidyalankara are my friends. But I don t condone the actions of Maithripala s son. I even spoke to Ravi about it. I said I was there if he needed me. I said I was ready to pay the bill of the Central Hospital, but Ravi declined. Now look at how the media behaved when my son was involved in a small incident? The media behaved as if an LTTE suicide bomber had jumped on someone. Maithripala and Dullas spoke of taking disciplinary action against me. Today, the media and Dullas are silent. |
Damed
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1 Mar 2013 09:52:42 GMT Report for Abuse
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Oil Gas guys trapped by Magodipakse.... hak in deep trouble.....hikz
But Raja scored few goals by fooling the Deshapremie !
hak hak !
Your reply contains words that are not acceptable by our posting guidelines. Your account is now flagged for editorial review. Your account will be removed along with your previous posts if we see multiple attempts to violate |
EEELamaya
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1 Mar 2013 10:44:27 GMT Report for Abuse
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If we opt to enter the development stage, we will have to do a detailed appraisal to establish the volume of oil or gas available in the block, which will take one to two years.
This is good news... In one or two years, the territory could be in Eezham, if UN plans for resolution get going...! |
Magnum357
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 1 Mar 2013 13:02:18 GMT Report for Abuse
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No gas or oil in 4th well
Yeah..at the rate things are going on in SL even we will not have any gas in our backsides before long. |
shamalp
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 1 Mar 2013 14:20:25 GMT Report for Abuse
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| I didn't know the Mannar Basin was adjoining Galle. Wondering who the Cartographer who drew this map was. |
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