Reliance Industries Ltd (RIL) on Tuesday announced the first oil discovery in the on-land exploratory block in the Cambay basin in Gujarat, which was awarded under the NELP-V round of exploration bidding.
RIL holds 100 per cent participating interest (PI) in this block which is located at a distance of about 130 km from Ahmedabad in Gujarat in the Cambay basin.
The block covers an area of 635 sq. km. in two parts, namely, Part A located in the west with an area of 570 sq. km. and Part B located to the east with an area of 65 sq. km.
“3D seismic data has been acquired over 80 per cent of the block area and 2D seismic data has been acquired over the entire area. Five wells have been drilled in this block. The fifth well, CB10A-A1, which is the discovery well, was drilled to a total depth of 1451 m in Part A of the block with the objective of exploring the play fairway in the Miocene Basal Sand (MBS) of Babaguru formation. A gross reservoir thickness of about 15 m was encountered and the well flowed at a rate of 500 barrels of oil a day (bopd) through a 6 mm bean with a flowing tubing head pressure of 360 psi on conventional testing. This Discovery is expected to open future potential within the block,” RIL stated in a press release here on Tuesday.
The Discovery, named ‘Dhirubhai–43,’ has been notified to the Central Government and the Directorate General of Hydrocarbons.
