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M2 block tender, licensing plans

 

The Sri Lankan government is inviting expressions of interest for partners to undertake the appraisal + development of gas discoveries and prospects in the 2,924-sq km offshore (ex-Cairn SL 2007-01-001, aka block 2) block M2, Mannar Basin. The block will be offered for licensing this year, including the Barracuda and Dorado gas-condensate discoveries. 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 ’17. WesternGeco is planning 2D and 3D spec seismic ahead of this off the East coast and in the Mannar Basin. 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 to be emailed to the Director General of the PRDS, Saliya Wickramasuriya, This email address is being protected from spambots. You need JavaScript enabled to view it.  or This email address is being protected from spambots. You need JavaScript enabled to view it. . PRDS map extract below, M2 in yellow. 

 

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Institutions Under The Purview of Ministry

Ceylon Petroleum Corporation (CPC)

cpcCPC is carrying out all the commercial activities related to importing, refining, blending storing, distributing and retailing of petroleum products (downstream petroleum industry)

 

Ceylon Petroleum Storage Terminals Limited (CPSTL)

cpstlCPSTL is responsible for storage and distribution of Petroleum Products.

 

 

Petroleum Resources Development Secretariat

To ensure that all Sri Lankans benefit from the petroleum resources of the country by managing the industry in an equitable, safe and environmentally sustainable manner