Hazira to produce 1.2bn cubic metres gas this year

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

HAZIRA IS the jewel in the GSPC-Niko portfolio.

Partly offshore, this field lies adjacent to the Cairn Energy-operated offshore exploration block CB-OS/2 and its producing Lakshmi gasfield. Last year Cairn and GSPC-Niko argued over alleged gas migration from CB-OS/2 to Hazira.

Thankfully, both sides agreed to a Gas Balancing Agreement in December and put the dispute behind them. Cairn plans to develop the Gauri gasfield in Block CB-OS/2 while GSPC-Niko reckons it can produce 1.2bn cubic metres of gas from Hazira in the financial year beginning this month.

See below: Month-wise Hazira gas production target for 2003-04 (figures in cubic metres) Month Land wells Existing LBDP wells New LBDP wells Total for each month April, 2003 17,957,351 70,452,412 8,821,197 97,230,960 May, 2003 18,455,620 72,572,759 9,024,085 100,052,463 June, 2003 17,764,175 70,013,199 8,645,665 96,423,028 July, 2003 18,258,001 72,123,444 8,844,505 99,225,950 August, 2003 18,160,671 71,902,151 8,756,060 98,818,882 September, 2003 17,481,594 69,370,714 8,388,871 95,241,179 October, 2003 17,968,921 71,466,182 8,581,815 98,016,917 November, 2003 17,297,886 68,953,027 8,221,932 94,472,845 December, 2003 17,780,987 71,038,888 8,411,036 97,230,912 January, 2004 17,688,427 70,828,441 8,326,926 96,843,794 February, 2004 16,461,516 66,063,962 7,711,808 90,237,286 March, 2004 17,506,075 70,413,838 8,161,220 96,081,133 Total Hazira gas production targeted in 2003-04 1,159,875,351 Niko has factored in a monthly decline of 1% and 15 days downtime for the entire year while setting itself the above targets. Also factored in is 600 psi back up pressure of surface facilities.

During 2002-03 GSPC-Niko drilled five wells from the new Land Based Drilling Platform.