(ET)
Vedanta’s upstream arm Cairn Oil and Gas plans to drill 78 exploratory wells at a cost of Rs 2,142 crore in a block in Rajasthan, which it had won under the first round of Open Acreage Licensing Programme (OALP).
The RJ-ONHP-2017/3 block is spread across Bhinmal, Bagoda, Raniwara, Sanchor and Chitalwana of Jaore districts of Rajashtan, the company said in an application to the environment ministry. A small part of the block is also located in Gujarat but no exploration activities have been planned by the company in the state for the block.
The project will include setting up of Early Production Units (EPUs) for produced well fluid processing and production up to 32,000 barrel of oil per day (BOPD) and up to 4.8 Million Standard Cubic Feet per Day (MMSCFD) of natural gas. The company expects to ramp up its overall crude oil and natural gas production by 50 per cent to an average of 260-270 thousand barrels of oil equivalent per day (kboepd) by the end of the current financial year from its current production of 180 kboepd.
