GSPC-Niko to produce 6,202 tonnes crude this FY

Vol 7, PW 2 (09 Apr 03) Exploration & Production
     

BESIDES THE Hazira gasfield, Niko Resources and its local partner Gujarat Petroleum also own three other fields: onland oilfields at Bhandut, Cambay and Sabarmati.

For anyone curious to know how much they'll produce we can reveal that Niko has recently compiled a set ofoil production targets for these fields for the financial year beginning April. Put together, annual oil production from Bhandut, Cambay and Sabarmati will be 6,202 tonnes (about 120 b/d).

Bhandut will have the biggest share: 5,195 tonnes. See below: Production targets for Bhandut, Cambay and Sabarmati to April 2004 (figures in tonnes) Month April May June July August September October November December January February March Total Bhandut BH-1 Nil Nil Nil Nil Nil Nil Nil Nil Nil Nil Nil Nil Nil BH-2 Nil Nil Nil Nil Nil Nil Nil Nil Nil Nil Nil Nil Nil BH-3 224.91 230.08 220.43 225.5 223.25 213.89 218.81 209.63 214.45 212.31 196.62 208.08 2,597.97 BH-4 224.91 230.08 220.43 225.5 223.25 213.89 218.81 209.63 214.45 212.31 196.62 208.08 2,597.97 BH-5 Nil Nil Nil Nil Nil Nil Nil Nil Nil Nil Nil Nil Nil Total 449.82 460.17 440.87 451.01 446.50 427.77 437.61 419.26 428.90 424.52 393.25 416.17 5,195.95 Cambay Well 7.497 7.7469 7.497 7.7469 7.7467 7.497 7.7469 7.497 7.7469 7.7469 7.2471 7.7469 91.4634 Total 7.497 7.7469 7.497 7.7469 7.7467 7.497 7.7469 7.497 7.7469 7.7469 7.2471 7.7469 91.4634 Sabarmati SB-1 74.97 77.469 74.97 77.469 77.469 74.97 77.469 74.97 77.469 77.469 72.471 77.469 914.634 Total 7.497 7.7469 7.497 7.7469 7.7467 7.497 77.469 7.497 7.7469 7.7469 7.2471 7.7469 91.4634 Grand Total 532.29 545.38 523.34 536.22 531.71 510.24 522.83 501.73 514.12 509.83 472.97 501.38 6,202.04