GSPC wants new 'partners' at Deen Dayal block
GSPC managing director Atanu Chakraborty says his company wants strategic partners and new technology to develop six new discoveries at the Deen Dayal discovery block KG-OSN-2001/3.
In his first interview with this report since assuming full control of GSPC, Chakraborty tells us GSPC is preparing a FEED study for the six discoveries across the Deen Dayal West Downthrown, Deen Dayal East, Deen Dayal North and Deen Dayal Northeast areas. All lie in water depths of around 250 metres unlike the Deen Dayal West discovery which lies in water depths of about 80 metres now producing from the 16-slot DDW-1 platform built and installed by Larsen & Toubro.
GSPC is still at the “test production stage” for the DDW discovery. “Three wells are giving us gas in line with our strategy but not in line with their potential,” says Chakraborty.
“We want to frack the fourth well,” Present production is around 25m cf/d (710,000 cm/d) at a bottom hole pressure of 12,000-psi. “There is a slight decline in pressure but overall it is being maintained,” he adds.
Fracking the fourth well will take two and a half months. When will the remaining 12 wells be drilled? “If I had a magic wand I would finish all the wells quickly so revenues start coming in,” says Chakraborty.
“There are no easy answers. We must deal with HP/HT, low permeability, tight formations, high hydrogen sulphide and high carbon dioxide.
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