Natarajan turns on SE#3 tap for GSPC

Vol 20, PW 20 (29 Jun 17) News in Brief

GSPC at last has something to celebrate at its producing Sanand-Miroli onland block CB-ONN-2002/3 in Gujarat.

Looking happy, GSPC joint managing director T. Natarajan on May 20 opened the wellhead valve at the SE#3 well at Sanand near the Rs5.8cr ($872,000) SE#3 Early Production System outside Ahmedabad.

Natarajan's action signaled the flow of additional crude from Part A or the Sanand area of the block designed to raise crude production from 1300 b/d to 1700 b/d over 12 months and gas production from 24,000 cm/d to 30,000 cm/d. Still unclear is when GSPC will begin a long-delayed Rs198cr ($30m) campaign to drill five exploration and six development wells designed to hike production further to 3000 b/d.

Also on May 24, GSPC signed a crude sales contract with IndianOil on behalf of JV partners Jubilant, HPCL and GeoGlobal Resources for sale of additional oil production to the nearby Koyali refinery. Crude from Sanand-Miroli is transported by truck to a 74,200 b/d de-salter at Nawagam before it is sent south through a 12-inch diameter, 61-km pipeline to Koyali.

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