Gujarat State Petroleum Corporation to carry out exploration at Block CB-ONN-2002/3 under NELP-IV

Details: Category: Oil and Natural Gas Exploration

Gujarat State Petroleum Corporation to carry out exploration at Block CB-ONN-2002/3 under NELP-IV in Sanand Miroli Block in Cambay Basin in Mehsana district of Ahmedabad. It will undertake the activity in joint-venture with Prize Petroleum Company Ltd., Jubilant Capital Pvt. Ltd.(JCPL) and Geog Global Resources (Barbados) Inc. It proposes on-shore exploratory drilling for 17Nos. Wells in Block CB-ONN-2002/3 under NELP-IV. Seismic survey has been completed for the area. The area is mainly agricultural land with shrubs. The major surface water bodies are Sabarmati river and Narmada Canal. The total Block area is 285 sq. km and is divided into two parts, Part A is Sanand Block and is 132 sq. km and Part B is Miroli comprising of 153 sq. km.

The project will be undertaken in three phases with an investment of Rs. 100 million.