Home / Front Page/ Largest 2D seismic survey for oil and gas exploration starts

Largest 2D seismic survey for oil and gas exploration starts

Comments / {{hitsCtrl.values.hits}} Views / Monday, 3 September 2018 00:10

The seismic vessel BGP Pioneer has arrived at Colombo Port to conduct a Modern Broadband 2D Seismic Survey for hydrocarbon exploration in the country. The inauguration ceremony to commence operations was held yesterday under the patronage of the Minister of Petroleum Resources Development Arjuna Ranatunga.

“Our country is a lucky country. We have initially identified that there are natural gas and petroleum resources. Now, we need to concentrate on data acquisition. Earlier projects had not operated properly. We decided to expedite this project after May last year. We could be able to sign the agreements with transparency within a short period. As a result of that BGP Pioneer vessel, we will be able to acquire 2D data and we will be able to produce data within 18 months,” the Minister said. 

The Petroleum Resources Development Secretariat (PRDS) identified three basins, which are Mannar, Kaveri and Lanka. These basins are divided as follows. 

Mannar basin from M-01 to M-10, Kaveri basin from C-1 to C-5, Lanka basin from JS-1 to JS-6. ‘BGP Pioneer’ is set to commence operations in Lanka basin from JS-1 to JS-6.

PRDS Director General Vajira Dassanayaka stated that the total cost of this project will be around $ 9 million. He also stated that credits of bringing this investment to the country goes to Sri Lanka. 

“The seismic survey will be carried out by Eastern Echo DMCC, which is a fully owned subsidiary of Schlumberger. This data will then be sent to the Schlumberger office in Kuala Lumpur, Malaysia, for processing, followed by a detailed interpretation jointly done by geoscientists from the PRDS and Total to identify potential areas for hydrocarbon accumulations. We expect that we will receive positive data in the future,” he said. 

Ministry of Petroleum Resources Development Secretary Upali Marasinghe and several dignitaries graced the occasion.      

Share This Article


1. All comments will be moderated by the Daily FT Web Editor.

2. Comments that are abusive, obscene, incendiary, defamatory or irrelevant will not be published.

3. We may remove hyperlinks within comments.

4. Kindly use a genuine email ID and provide your name.

5. Spamming the comments section under different user names may result in being blacklisted.


Today's Columnists

The fish that swallowed the whale

Friday, 16 November 2018

This is an easy-peasy, elementary effort of an ordinary citizen to comprehend the mad scramble for power among the political class. It is undertaken in the belief that the crisis we face is an opportunity to reject the family kleptocracy of Mahinda R

Courting democracy; Housing disaster?

Thursday, 15 November 2018

A small step was taken by a sovereign court the day before yesterday. It was a giant leap for the supremacy of the Constitution over all three arms of government in a recently benighted Sri Lanka. As well as being the tangible proof of intra-governme

Sri Lanka’s Judiciary in its finest hour

Thursday, 15 November 2018

“We must never forget that the only real source of power we as judges can tap is the respect of the people” –Justice Thurgood Marshall

When scholars turn slayers of reason

Thursday, 15 November 2018

“… I think, that the intellectual is an individual endowed with a faculty of representing, embodying, articulating a message, a view, an attitude, philosophy or opinion to, as well as for, a public. And this role has an edge to it, and cannot be

Columnists More