NEW DELHI: Vedanta crew corporate cairn Oil and Gas on Friday mentioned it has began take a look at manufacturing from its Hazarigaon box in Assam, the primary northeast block auctioned underneath the Discovered Small Fields (DSF) coverage to be put into manufacturing.
The output from the sphere awarded in the second one DSF bid spherical is being fed to Assam Gas Company Ltd for supplying to industries, together with tea gardens. Cairn has a handle Assam Gas for supplying 3.5 million cubic toes of gasoline in keeping with day.
Additionally, truck-mounted cascades will probably be used to provide gasoline for working 100 CNG buses plying in Guwahati. Chief minister Hemanta Biswa Sarma inaugurated a CNG station at Hazarigaon neatly web page at Naharbari in Golaghat district to mark the beginning of take a look at manufacturing, the corporate mentioned.
Cairn plans to drill 5 to ten exploration wells within the subsequent two years around the state’s Jorhat and Tinsukia districts. The corporate holds 12 blocks introduced underneath the Open Acerage Licensing Policy and 3 Discovered Small Fields blocks within the Assam-Arakan basin within the area.
An organization observation quoted CEO Nick Walker as pronouncing the area holds vital doable and is a key focal point for Cairn. “The state has significant potential for unlocking hydrocarbon reserves and with government support, infrastructure and fast-tracked approvals to continue exploration activities, the region can support India’s vision to be self-reliant in oil and gas,” the observation quoted him as pronouncing.
The acreage has an important useful resource doable of as much as 1 billion barrels of oil similar. Cairn has additionally carried out large-scale airborne gravity magnetic and seismic surveys for exploration, the corporate mentioned with out quantifying the day by day output.
The output from the sphere awarded in the second one DSF bid spherical is being fed to Assam Gas Company Ltd for supplying to industries, together with tea gardens. Cairn has a handle Assam Gas for supplying 3.5 million cubic toes of gasoline in keeping with day.
Additionally, truck-mounted cascades will probably be used to provide gasoline for working 100 CNG buses plying in Guwahati. Chief minister Hemanta Biswa Sarma inaugurated a CNG station at Hazarigaon neatly web page at Naharbari in Golaghat district to mark the beginning of take a look at manufacturing, the corporate mentioned.
Cairn plans to drill 5 to ten exploration wells within the subsequent two years around the state’s Jorhat and Tinsukia districts. The corporate holds 12 blocks introduced underneath the Open Acerage Licensing Policy and 3 Discovered Small Fields blocks within the Assam-Arakan basin within the area.
An organization observation quoted CEO Nick Walker as pronouncing the area holds vital doable and is a key focal point for Cairn. “The state has significant potential for unlocking hydrocarbon reserves and with government support, infrastructure and fast-tracked approvals to continue exploration activities, the region can support India’s vision to be self-reliant in oil and gas,” the observation quoted him as pronouncing.
The acreage has an important useful resource doable of as much as 1 billion barrels of oil similar. Cairn has additionally carried out large-scale airborne gravity magnetic and seismic surveys for exploration, the corporate mentioned with out quantifying the day by day output.