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Oil exploration underway in Manipur

ANI  |  Manipur, [India] 

Limited, has commenced a survey to check for the presence of hydrocarbons in

The project manager of the State Level Convention on Exploration team, Sumit Mahajan, told ANI that they had started conducting the survey two months back, from district Jribam. The survey has reached the Khaidem Village constituency in West.

"This project, if triumphant, will be useful and bring in quite a lot of opportunities for the development of both the state and nation as a whole. has reaped the benefits from the availability of slew of hydrocarbons and we are hopeful about the same for If the are positive, there will be surge in the employment sector paving way for Manipur's economic prosperity," said Mahajan.

The expedition survey will take about two more years and is due to get wrapped up by April 2019. Post that, the centre and the Directorate General of Hydrocarbons (DGH) will reflect upon next steps.

The of through Ministry of Petroleum and Natural Gas had granted license to Jubiliant and Gas Private Limited (JOGPL), a Netherlands based exploration company, for exploring and drilling two blocks in located in the Jiribam (East), Tamenglong and Churachandpur districts of Manipur, without the acknowledgement and consent of locals. The contracts were awarded under the eighth round of New Exploration Licensing Policy (NELP) of the of

Earlier, as well, without any intimation of the locals, the had undertaken series of promotions globally in 2003 and 2009 to promote the blocks of 'the jeweled land', along with others through road-shows in major cities of the world like London, Houston, Calgary and Perth etc, inviting bids to companies.

The production sharing contract for the Block 1 (AA-ONN-2009/1) was signed on 30th June, 2010 and the Petroleum Exploration License was granted by the on 23rd September, 2010. The Contract for block II (AA-ONN-2009/2) was signed on 19th July 2010 and the license was granted by the on 20th September, 2010.

The deeds for the exploration licenses were signed on 15th November, 2010, all without the knowledge of the people of

The total area granted for exploration is 3850 Square Kilometres and it is estimated that has nearly 5000 billion cubic feet of

The Jubiliant Energy is envisaged to drill from 30 wells, identified by the Alpha Geo Company based in Hyderabad, which has been conducting seismic studies for Jubiliant Energy.

The latest Annual report of Jubilant Energy indicates that the two Blocks have prospective resources ranging from 380 billion cubic feet to 1.43 trillion cubic feet, with Jubilant Energy holding 100 percent participating interest.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Tue, May 16 2017. 14:42 IST
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