Sintex poised to test Gujarat 'discovery' well
Sintex Oil & Gas has something to celebrate at its 144-sq km onland block CB-ONN-2009/7.
Better known for manufacturing plastic water tanks, exploration newcomer Sintex has seen “positive indications of oil and gas” from Sarovar-1 - its first well drilled at the block where testing of up to seven (7) zones is about to begin pending the arrival of DST equipment to the drill site. Sintex refuses to disclose details but an industry source tells us Sarovar-1, spud on June 21 at Bavlu village in Mehsana district, was completed in August to 2250 metres TD by Shiv Vani 1000-hp rig ZJ-40, hired from a Rasson-led consortium.
Mehsana-based drilling service provider Vishal Enterprise has mobilised a workover rig to Sarovar-1 in preparation for testing. Simultaneously Shiv Vani rig ZJ-40 is drilling second well Sarovar-2 at Andej village in Ahmedabad district which was spud on September 25.
Sarovar-2 is expected to be completed by late November to 2100 metres TD and sits just 12.5-km away from Sarovar-1. Sintex believes CB-ONN-2009/7 holds 26.4m tonnes of oil in-place of which 4.2m tonnes (29m barrels) is recoverable from the Olpad, lower Cambay Shale, upper Cambay Shale, Kalol, Tarapur Shale and Babaguru geological formations.
Phase-I ended in January this year but Sintex received an ‘excusable delay’ extension of six months and has applied for a further three-year extension.
