Statoil has commenced the relinquishment process for Block AD-10, located in Bengal Deep Sea Fan in late November 2017, at the end of the first study period of 2 and a half years. Statoil is operator and sole interest holder of the block, which was officially awarded in April 2015. Contract commitments for the first study period included environmental and social impact studies, and the acquisition of new 2D seismic data. After the fulfilment of commitments, the operator had the option to decide whether to continue with a three-year exploration period, or to exit the block. The 2D seismic commitment for the block was fulfilled with a survey conducted between June and July 2016, using the âPolarcus Amaniâ MV. The acquisition covered approximately 4,800 km. Later in January-February 2017, Statoil acquired a new 3D seismic survey covering approximately 2,500 sq km, in conjunction with Shell. The survey covered the southern part of Shellâs Block AD-11 and the southwest part of Statoilâs AD-10. This survey was also carried out by the âPolarcus Amaniâ. Prospective target in the block are Pliocene turbidite plays.
Myanmar, Block AD-10