ONGC plans 8-well campaign in Bharuch

Vol 16, PW 2 (09 Aug 12) News in Brief
     

After a three-year delay, ONGC is poised to begin an eight-well exploration campaign at the 270-sq km CB-ONN-2005/10 block in the Bharuch district of Gujarat.

ONGC will need a 1500-hp rig to begin the $28.48m drilling campaign by the first quarter of 2013 and estimates each well will take 45 days to drill to 4000 metres TD. ONGC wants to use conventional rotary drilling technology with ‘water-based mud stabilisation’ and has fixed a mandatory public hearing on September 9 at Dayadra village community hall on the Bharuch to Jambusar highway.

ONGC signed the PSC on December 23, 2008 but secured the PEL from state authorities on November 20, 2009, after officials objected to drilling because the block overlaps an industrial estate. ONGC (51%) and partner GSPC (49%) negotiated with state officials and finally received the green light for exploratory drilling this May.

Six consortia bid for CB-ONN-2005/10 when it was offered in NELP-VII.