Uchenna Izundu
International Editor
LONDON, Nov. 17 -- Qatar has granted Wintershall AG an offshore exploration license for Block 4N (Khuff), close to North field. The exploration and production-sharing agreement has a 25-year term.
The acreage, which has gas potential, is 544 sq km and in 70 m of water.
Wintershall, as sole operator, will reprocess seismic data and shoot additional seismic over the next 2 years and plans to drill two exploration wells by 2010.
"Depending on the results of the intensive exploration campaign, Wintershall would develop a discovery through further drilling, and subsequently produce natural gas and condensate," Wintershall said.
It was granted operatorship of offshore Block 11 in Qatar in 2000 and Block 3 last year. It also plans to shoot seismic surveys and drill two exploration wells by 2010 on Block 3.
Contact Uchenna Izundu at uchennai@pennwell.com.