fold belt

The area lies along an earthquake zone known as the Papuan Fold Belt, which is the fault responsible for the mountain range that forms the spine of the nation, McKee said.

The area lies along an earthquake zone known as the Papuan Fold Belt, which is the fault responsible for the mountain range that forms the spine of the nation, he said.

Four blocks in the Perdido Fold belt, which is in the same area where Trion is located, were won mostly by foreign firms.

Four of the blocks are located near Trion in the Perdido Fold belt, a deep water region where giants such as Royal Dutch Shell PLC, Chevron and BP are already producing oil on the U.S. side of the Gulf at a rate of about 65,000 barrels a day.

Mexico’s prospective reserves lie under the Gulf of Mexico in a region called the Perdido Fold Belt, where deepwater production has been successful in United States waters just to the north.