India-based oil, gas, and metals company Vedanta has announced an oil discovery in the open acreage licensing policy (OALP) block RJ-ONHP-2017/1, in the Indian state of Rajasthan.
The discovery was made by Vedanta group firm Cairn Oil & Gas, following the drilling of the onshore exploratory well WM-Basal DD Fan-1.
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The wells had a measured depth rotary table (MDRT) of 2,615m, and encountered four hydrocarbon zones in the Dharvi Dungar (DD) formation, of Late Paleocene to Early Eocene age.
The well, which has now been renamed Durga-1, is the second well to have been drilled in the block, which is 100% owned by Vedanta.
The Indian firm said that further evaluation is being carried out to determine the oil discovery’s potential commercial viability.
Vedanta secured rights for the RJ-ONHP-2017/1 block in October 2018, during the OALP-I bidding round.
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By GlobalDataThe latest discovery marks the company’s third under the OALP portfolio.
The 542km² RJ-ONHP-2017/1 block is located in Gudamalani and Chohtan Tehsil, of the Barmer district, in Rajasthan.
According to the news agency Press Trust of India (PTI), the block is located near to another asset that produces approximately 150,000 barrels of oil and gas per day.
Cairn Oil & Gas recently awarded operations and maintenance contracts, with a combined value of $100m, to oilfield services firm Petrofac.
It marked Petrofac’s first major operations and maintenance (O&M) work in India.
