Seismic survey in gas block going on

ANIS ALAMGIR /February 23, 2010/TI

Petrobangla is hopeful of tapping substantial amount of gas from the south Sangu gas field in Block 16 after receiving primary data from the international oil company Cairn which is conducting 3D seismic survey there.
"We are hopeful to add a substantial volume of gas within one year from Sangu and Magnama after completion of present survey," said a senior official of Bangladesh Oil, Gas and Mineral Corporation.
The Scotland-based energy company started its recent 3D seismic survey at the block in the Bay of Bangal on February 11 this year. M/S Geokinetics is conducting the survey on behalf of the joint venture partners of Block 16 PSC (production sharing contract).
The survey company already completed 5 per cent of the high-tech survey in the block and hoped that by April it will be finished.
But both Petrobangla and Cairn are more or less convinced that desired level of gas could not be tapped from the area.
One official of the Pertobangla said that they were planning to attach two fields before exploring gas from there for national pine-line. For that they need to sign a new contract with the energy company. However, insider of the Cairn hinted that there was no necessity to sign a new contract as it can be covered by the existing deal.