Tuesday, May 31, 2016

GAIL ‘spuds’ another exploratory well in Cambay Basin

GAIL Spudding operations
Photo caption: Shri M Ravindran, Director (Human Resources & Business Development), GAIL (2nd from right) at the spudding ceremony of the second Exploratory Well in Cambay Basin.
New Delhi, May 30, 2016: GAIL (India) Limited has started drilling its second Exploratory Well as Operator in the NELP-IX Block CB-ONN-2010/11 in Cambay Basin. The well is situated in Nabhoi Village, in Tarapur Tehsil of Anand District in Gujarat and the “spudding” operations started on May 27, 2016. The first well was spud in this block on March 27, 2016. Drilling of target depth of 2200 meters of this well is scheduled to be completed in 30 to 35 days.

GAIL is the Lead Operator of the block with 25% participating interest. Other partners in this block are Bharat Petro Resources Limited (BPRL), Engineers India Limited (EIL), Monnet Ispat Energy Ltd. (MIEL) and Bharat Forge Infrastructure Limited (BFIL). The consortium will drill eight exploratory wells in the initial Exploration Phase as per minimum work commitment of Production Sharing Contract (PSC).

No comments:

INVESTMENT OPPORTUNITIES IN SPECIAL ECONOMIC ZONE, DUQM PORT, OMAN SEPTEMBER 18, 2017 LEAVE A COMMENT ON INVESTMENT OPPORTUNITIES IN SPE...