Announcing its Q2 financial results for the period ended 30 September, 2011, Cairn India reported the spudding of its second well offshore Sri Lanka. The second well, in the three well programme, CLPL-Barracuda-1G/1 was spud on 4 October, 2011. An update on the well results will be provided at the end of the programme, which is expected to complete by early next year.
Cairn Lanka said it has notified the appropriate authorities in the Government of Sri Lanka of a gas discovery in the CLPL-Dorado-91H/1z well, drilled in a water depth of 1,354 metre (m), located in the SL 2007-01-001 block, Mannar Basin, Sri Lanka. A gross 25 metre hydrocarbon column in a sandstone sequence, between measured depths of 3,043.8-3,068.7 metre, has been interpreted from wireline log and Modular Dynamic Tester (MDT) data to be predominantly gas bearing with some additional liquid hydrocarbon potential. Further drilling is required to establish the commerciality of the discovery.
The CLPL-Dorado-91H/1z well is the first exploration well to be drilled in Sri Lanka in 30 years and also the first with a hydrocarbon discovery.
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