Oil India to carry out exploratory drilling at Amguri Block AA-ONN-2004/1 in Sivasagar

Details: Category: Oil and Natural Gas Exploration

Oil India to carry out exploratory drilling at Amguri Block AA-ONN-2004/1 in Sivasagar and Jorhat district in Assam. The block area is 144 sq. km. and M/s OIL are the operator for exploration of hydrocarbons. The prognosticated Geological reserves are estimated to be Stock Tank Oil in Place (STOIP) - 3.32 MMT (approx) and Gross Ultimate Recovery (GUR) -0.996 MMT (approx). As per Minimum Work Programme (MWP) the PSC envisages completion of Exploratory Drilling and Testing of 4 wells. All the four Exploratory Drilling wells at locations AMG-1, AMG-2 and AMG-3 & AMG-4 are expected to be vertical with a target depth of about 4200 M. A 2000 HP Diesel Electric Rig will be deployed. Each location for exploratory oil/gas drilling operations is confined to an area of 2.9 ha (approx) which is almost rectangular in shape. Exploratory drilling and testing of each well will require nearly 120 days. Sequential drilling of about six (6) wells is planned by the company. About Rs. 25 Crores is expected to be spent for drilling each well in the block.