Starts spudding in on 27 March 2016
GAIL (India) has started drilling the first exploratory well as operator in the NELP- IX Block CB-ONN-2010/11 in Cambay Basin. The process called 'spudding', started on 27 March 2016 in the well situated in Dugari village in Tarapur Tehsil of Anand District of Gujarat. GAIL (India) is the lead operator of the block with 25% participating interest in it.Drilling of target depth of 2,500 meters of this well is scheduled to be completed in 40 to 45 days followed by testing for another 10 to 15 days. This will target Cambay Shale and Olpad formations. The consortium will drill eight exploratory wells in the initial exploration phase as per minimum work commitment of production sharing contract. While this phase will continue till March 2017, acquisition, processing and interpretation of 2D and 3D seismic data have already been completed.
Powered by Capital Market - Live News
