Phoenix commits 52 wells at RJ-ONN-2003/2
Phoenix Overseas (Phoenix who) has committed a staggering fifty-two (52) onland wells at its RJ-ONN-2003/2 block, which it won with (the equally unheard of) Birkbeck Investments.
Phoenix also promises to shoot 3000-sq km fresh 3D at the block. Doubts about the competence of Phoenix were dispelled after it was called to the DGH to justify its unrealistic work programme.
The work programme by the consortium appears reasonable, concluded the DGH. The models presented appear plausible as they are based on a good understanding of the geological set-up of the petroleum systems in the Indo-Pak region.
GSPC is also planning an aggressive onland work programme at block CB-ONN-2003/2 and has committed 26 wells in three phases. Overall, contractors Oil India, Reliance, Cairn Energy, ENI, GSPC, GeoGlobal and Phoenix have committed a total of 133 onland wells across the ten onland blocks awarded last month under NELP-V.
Block Phases Work Commitment AA-ONN-2003/3 (Oil India/HPCL) Phase I (3 years) 2-D seismic (API) 200 LKM 3-D seismic (API) 100-sq km Reprocessing 150 LKM Gravity Magnetic Survey 150 stations Geochemical Survey 500 samples Exploratory wells - 1 Phase II (2 years) 3-D seismic (API) 50-sq km Reprocessing 200 LKM Wells - 2 Phase III (2 year) Reprocessing 350 LKM Exploratory wells - 3 GV-ONN-2003/1 (Reliance) Phase I (3 years) 2-D seismic (API) 210 LKM Reprocessing 600 LKM Phase II (3 years) Exploratory wells - 1 Phase III (1 year) Exploratory wells - 1 VN-ONN-2003/1 (Cairn Energy IndiaCairn Energy (6)ONGC) Phase I (3years) 2-D seismic (API) 500 LKM Reprocessing 170 LKM Geochemical Survey 500 samples Phase II (2 years) 3-D seismic (API) 50-sq km Exploratory wells - 1 Phase III (2 years) Exploratory wells - 1 RJ-ONN-2003/1 (ENI India-ONGC-Cairn Energy (2)) Phase I (3 years) 3-D seismic (API) 1335-sq km Reprocessing 1000 LKM Geochemical Survey 500 samples Exploratory wells - 4 Phase II (2 years) Exploratory wells - 2 Phase III (2 year) Exploratory wells - 3 RJ-ONN-2003/2 (Phoenix OverseasBirkbeck Investment) Phase I (3 years) 2-D seismic (API) 1000LKM 3-D seismic (API) 2000-sq km Exploratory wells - 16 Phase II (2 years) 3-D seismic (API) 1000-sq km Exploratory wells - 18 Phase III (2 years) Exploratory wells - 18 CB-ONN-2003/1 Part-A & B (Reliance) Phase I (3 years) 3-D seismic (API) 300-sq km Reprocessing 1020 LKM Geochemical Survey 500 samples Exploratory wells - 9 Phase II (3 years) Geochemical Survey 500 samples Exploratory wells - 4 Phase III (1 year) Geochemical Survey 500 samples Exploratory wells - 4 CB-ONN-2003/2 (GSPC-GAILJubilant CapitalGeo Global Resources) Phase I (3 years) 3-D seismic (API) 448-sq km Reprocessing 650 LKM Geochemical Survey 500 samples Exploratory wells - 14 Phase II (3 years) Exploratory wells - 4 Phase III (1 year) Exploratory wells - 6 DS-ONN-2003/1 (GeoGlobal Resources) Phase I (3 years) G M Survey 2500 stations Geochemical Survey 500 samples Other survey/ analysis - 12000 Phase II (2 years) 2-D seismic (API) 500LKM Exploratory wells - 1 Phase III (2 years) 3-D seismic (API) 250-sq km Exploratory wells - 2 KG-ONN-2003/1 (Cairn Energy IndiaCairn Energy (4)ONGC) Phase I (3 years) 2-D seismic (API) 500LKM 3-D seismic (API) 200-sq km Reprocessing 1000 LKM Geochemical Survey 500 samples Exploratory wells - 5 Phase II (2 years) Reprocessing 1000 LKM. Exploratory wells - 1 Phase III (2 years) Reprocessing 500 LKM.
Exploratory wells - 1 CY-ONN-2003/1 (Niko Resources) Phase I (3 years) 3-D seismic (API) 550-sq km Reprocessing 200 LKM Exploratory wells - 5 Phase II (2 years) Exploratory wells - 2 Phase III (2 years) Exploratory wells - 2