ONGC to explore for oil and gas at Kadi-Asjol and Jotana Ext-III

Details: Category: Oil and Natural Gas Exploration

ONGC to explore for oil and gas at Kadi-Asjol and Jotana Ext-III in Mehesana district of Gujarat in Western on shore basin. Both the blocks are part of Cambay Basin. Both the PELs are located in District Mehsana, Gujarat. The company proposed to drill two exploratory wells (one well in each PEL) in the above mentioned PEL Blocks. Location of proposed exploratory wells is firmed up after interpretation of 2D/3D seismic data. The well no. HND-1 will be drilled in Kadi-Asjol PEL and well no. JNXK in Jotana Ext.-III PEL. For drilling of said wells on 110M X 110M land area is acquired on temporary basis, If oil or hydrocarbons are found then 30M x 30M area of land shall be kept and remaining land shall be returned to land owners. Total area of above PELs is 96.8 sq. km. The area of KADI-ASJOL PEL is 92.00 sq. Km. and Jotana Ext.-III PEL is 4.8 sq. km. The total project cost is estimated at Rs. 60 million.