Gulfsands sees potential in Syrian structure

Gulfsands Petroleum PLC, Houston, has identified nine potentially productive zones in Paleozoic reservoirs in the sole existing wellbore on the large Tigris structure in 11,000-sq-km Block 26 in northeast Syria.The findings are the result of a reserves study of the structure. The study, by Ryder Scott Co. LP, was based on a 1994 well and 3D seismic data.If the Tigris structure, underlying giant Souedieh oil field and estimated to be as large as 75 sq km, is primarily a natural gas accumulation, the nine reservoirs could contain nearly 883 bcf. If mainly oil, it might hold 104 million bbl and 64 bcf of gas in the identified zones.Also, based on potential below the base of the hydrocarbon-b...

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