Sri Lanka petroleum sleuths reveal rich Mannar basin potential

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[h=2]Sri Lanka petroleum sleuths reveal rich Mannar basin potential[/h]
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[h=2]BASIN MODEL PRDS model showing oil deposits in green and natural gas in red with the two Cairn test wells in the rectangle to the north. Source: PRDS[/h]
EconomyNext - Two years of studying seismic and test well data and modelling has revealed Sri Lanka's offshore Mannar Basin has sedimentary deposits that are thick and old enough to yield high quality oil and gas.

"The good news is that it's quite thick. The Mannar Basin has 10-12 km sedimentary thickness. And it's quite old," declared Saliya Wickramasuriya, Director General of the Petroleum Resources Development Secretariat.

"That combination of thickness and age indicates potential for hydrocarbon generation. In the last two years the modeling we've done indicates very prolific source rock with potential to deliver high quality oil and gas.

"We're looking at an area of extreme promise because it shares sedimentary origin with the world's most prolific deepwater oil and gas fields," he told a recent forum, referring to big gas deposits discovered recently in Mozambique and Tanzania.

The island was part of a 'super-continent' and the immediate neighbor of what are now these east African countries, which now have made the world's largest gas discoveries, millions of years ago before being separated by continental drift.

"The Mannar Basin sedimentary formation was formed along with them," Wickramasuriya explained.

more and source:

http://www.economynext.com/Sri_Lank...veal_rich_Mannar_basin_potential-3-587-8.html
 
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