More testing for Block-40

27 September 2002

Triton Energy Omanis reviewing the results of a new round of 2D seismic testing undertaken in a 100-square-kilometre area of Block-40, located off the Musandam peninsula. The results of initial tests carried out in the block's main drilling structure in August proved unsatisfactory. Block-40 is estimated to hold recoverable gas reserves of between 1.1 trillion cubic feet (tcf) and 3.3 tcf (MEED 2:8:02).

Light clay deposits to a depth of 30 metres have prevented the company using either a jack-up or floating rig in order to drill for gas. Triton expects the results of its latest tests back in early October. It then plans to bring in a drilling rig being used by Australia's Novus Petroleumin the adjacent Block-17.

Triton - part of Atlantis Norway- has until December, when its exploration and production sharing agreement expires, to find gas. France's Compagnie Generale de Geophysique (CGG) is carrying out the survey work in the concession for Triton (Oil & Gas, MEED Special Report, 26:7:02, pages 33-34).

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