KrisEnergy Ltd. (KrisEnergy or the Company), an independent upstream oil and gas company, disclosed Thursday that the Binh Minh 2 vessel has completed a 1,954 miles (3,146 kilometers) 2D seismic acquisition program in the SS-11 exploration block offshore Bangladesh. The 22-day program was conducted by CGG Services SA.
Block SS-11 covers an area of 1,727 square miles (4,475 square kilometers) in the Bay of Bengal over the Bengal Fan. The majority of the block lies in shallow waters of up to 656 feet (200 meters).
Chris Gibson-Robinson, KrisEnergy’s director Exploration & Production, commented: “The existing 2D data sets were acquired in the mid-1970s and this program will provide higher resolution data to confirm existing prospects and leads and assess the overall prospectivity of the block. It will also help us determine potential locations for a planned 3D seismic program, to which we are committed under the work program obligations.”
Santos Sangu Field Ltd is the operator of SS-11 with 45 percent. KrisEnergy (Asia) Ltd., a wholly owned subsidiary of the KrisEnergy group of companies, holds 45 percent and Bangladesh Petroleum Exploration & Production Company Limited has a 10 percent working interest.
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