https://www.engineeringnews.co.za
Exploration|Gas|Hydrocarbons|Petroleum|Drilling
Exploration|Gas|Hydrocarbons|Petroleum|Drilling
exploration|gas|hydrocarbons|petroleum|drilling

Vedanta announces oil discovery at its Bay of Bengal block

28th March 2019

By: Ajoy K Das

Creamer Media Correspondent

     

Font size: - +

KOLKATA (miningweekly.com) – Resource major Vedanta on Wednesday announced an oil discovery in its Krishna-Godavari block in the Bay of Bengal along the eastern Indian coastline.

The company earlier established a discovery of natural gas at the same block.

A statement issued by the company said, “the Directorate General of Hydrocarbons and Petroleum and Natural Gas Ministry has been notified of an oil discovery in the secondary exploratory well-H2 located in the block KG-OSN-2009/3, Krishna Godavari Basin, east coast of India.”

“Multiple reservoir zones were encountered in the well H2 within the Mesozoic sequence between depths of 3 310 m to 4 026 m with hydrocarbon indications during drilling and downhole logging," Vedanta said in the statement about the block in which the company holds 100% interest.

According to the company, further appraisal would be required to establish the size and commercial viability of the oil discovery and that evaluations were ongoing based on results of the first well A3-2 and the second well H2 to finalise a further programme. Natural gas discovery was established in the first well A3-2.

The Krishna Godavari basin was originally acquired by Cairn India in June 2010 through bidding in the eighth round of auction under the erstwhile New Exploration Licensing Policy (NELP) and thereafter Cairn India was merged with Vedanta.

The company said that it was committed to drill six exploratory wells in the basin, which could go up to ten, based on a future programme.

Edited by Creamer Media Reporter

Comments

Showroom

Werner South Africa Pumps & Equipment (PTY) LTD
Werner South Africa Pumps & Equipment (PTY) LTD

For over 30 years, Werner South Africa Pumps & Equipment (PTY) LTD has been designing, manufacturing, supplying and maintaining specialist...

VISIT SHOWROOM 
Goodwin Submersible Pumps Africa (Pty) Ltd
Goodwin Submersible Pumps Africa (Pty) Ltd

Goodwin Submersible Pumps Africa is sole distributors for Goodwin electrically driven, submersible, abrasion resistance slurry pumps.

VISIT SHOWROOM 

Latest Multimedia

sponsored by

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







sq:0.083 0.134s - 160pq - 2rq
Subscribe Now