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Cairn Oil & Gas has submitted the field development plan (FDP) to start gas production from the open acreage licensing program (OALP) block in Bharuch district of Gujarat. The company expects to produce more than 2,000 barrels of oil equivalent per day (boepd) initially.
This field has the potential to contribute to the company’s goal of doubling production capacities. This will be the first FDP submitted in OALP regime, among 144 blocks awarded under eight OALP rounds by the government to various companies.
The Jaya field, during its appraisal phase began testing gas evacuations through truck-mounted compressed natural gas (CNG) kits providing CNG to nearby gas stations. This is the first-of-its-kind facility where sales through a CNG cascade system is being carried out by an E&P operator from an exploration well. It has enabled Cairn to minimise gas flaring in line with its decarbonisation vision and altogether, it will help to monetise gas as well as fulfil energy requirements of the country.
Cairn has also signed a commercial gas sales agreement for gas off-take. The company has utilised advanced rock physics and seismic inversion technology for predicting subsurface sweet spots around the Jaya area. A cluster of prospects has been identified.
In August 2021, the company, part of the Vedanta group, notified the gas and condensate discovery of Jaya in its onshore OALP block in Gujarat. Through the FDP for Jaya, Cairn has nurtured a new asset in the western region, as new exploration and production will continue to be the benchmarks of Cairn’s operations. |
