Alpha Geo seismic shoot for Naftogaz
Hyderabad-based Alpha Geo has begun shooting seismic across the 75-sq km onshore NELP-VI block CB-ONN-2004/5 in the Cambay Basin, where operator Naftogaz of Ukraine holds 10%.
Last month the Naftogaz-led consortium of Adani Enterprises (35%), Adani Port (20%) and Welspun (35%) issued Alpha the LoI to carry out its Phase-I work commitment of 90-lkm 2D and 75-sq km 3D. By January 15, Alpha had mobilised all the equipment on site and the following day held a small â€کpuja’ - a Hindu prayer ceremony to please the elements.
“Alpha will start the 3D after finishing the 2D,†we hear. Alpha is confident it can finish the job in three months.
Naftogaz won the block in NELP-VI against rival bids from ONGC and GSPC after committing nine wells in its four-year Phase-I beginning March 2 last year when it signed the PSC. Consortium sources tell us CB-ONN-2004/5 is an oil-prone block that is â€کon trend’ with HOEC’s â€کPramoda’ discoveries at CB-ON/7.
