Enron's upstream asset base in India

Vol 4, PW 15 (30 Aug 00) Exploration & Production
     

(The below table has been verified by Enron's head office in Houston and is correct on 25th August 2000) Field/Block Basin Area Contract/Status Production Consortium Panna Bombay Offshore 430 sq km PSC signed 22nd December 1994 Litigation in Supreme Court Arbitration with JV partners Crude Production: 26,000 b/d Gas Production: 2.25m cm/d (79m cf/d) Enron (30%) Reliance (30%) ONGC (40%) Mukta Bombay Offshore 777 sq km PSC signed 22nd December 1994 Litigation in Supreme Court Arbitration with JV partners Crude Production: 2,000 b/d Gas Production: 170,000 cm/d (6m cf/d) Enron (30%) Reliance (30%) ONGC (40%) Mid & South Tapti Bombay Offshore 1,471 sq km PSC signed 22nd December 1994 Litigation in Supreme Court Arbitration with JV partners Gas Production: 5.57m cm/d (195m cf/d) Condensate: 2,100 b/d Enron (30%) Reliance (30%) ONGC (40%) CB-OS/1 Cambay Offshore 3,290 sq km PSC signed 19th December 1996 by Vaalco, HOEC, Tata and ONGC Vaalco acquired by Hardy Enron farms in Hardy's stake May last year "We expect to start drilling in the first quarter of 2001.

Of the seven wellcommitment in Phase I, Hardy Exploration and Production drilled four wells and Enron will drill theremaining three." Enron (62.64%) Tata Petrodyne (10%) Hindustan Oil Exploration Company (17.26%) ONGC (10%) (Source: Enron Oil & Gas)