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Vedanta group agency Cairn Oil & Fuel on Monday introduced an oil discovery in a Barmer district block of Rajasthan, not very distant from its prolific oilfield in the identical desert. In a inventory alternate submitting, the agency stated it has notified the federal government and the Directorate Common of Hydrocarbons (DGH) of the invention in exploratory nicely WM-Basal DD Fan-1 drilled in OALP Block RJ-ONHP-2017/1.
The invention has been named ‘Durga’.
The agency stated the approval of the block oversight panel, known as the Administration Committee, has additionally been sought.
The block is without doubt one of the 41 areas that the corporate had received within the first spherical of the open acreage licensing coverage (OALP) bid spherical in October 2018.
Cairn Oil & Fuel, a unit of Mumbai-listed Vedanta Ltd, holds 100 per cent collaborating curiosity within the block.
“Durga-1 (earlier WM-Basal DD Fan-1) is the second nicely drilled within the Block RJ-ONHP-2017/1 to a depth of 2615 meters,” the agency stated.
That is the third hydrocarbon discovery notified by the corporate underneath the OALP portfolio.
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