Adani Group-Welspun JV discovers natural gas reserves in Mumbai’s offshore’s Tapti-Daman sector

 New Delhi, March 15: In a major development, Adani Welspun Exploration Ltd(AWEL) has discovered the first-ever natural gas reserves in Nelp-VII block MB-OSN-2005/2 in the Tapti-Daman Sector of Mumbai Offshore basin. AWEL is a joint venture between Adani Group and Welspun Enterprises Ltd.

 

Adani Group head Gautam Adani made this announcement via social media. “India is the world’s third-largest consumer of energy. But the share of natural gas in India’s current energy mix is just 6 percent, among the world’s lowest. We can triple this by 2030. Our discovery of gas in Mumbai Offshore’s Tapti-Daman sector will take us closer to this target,” he tweeted.

 

According to the AWEL it has spread across 14.6 square kilometers, the block is located in the prolific gas-prone Tapti-Daman sector of the Mumbai Offshore basin where production is already underway by other operators. AWEL holds 100 percent participative interest(PI) and is the operator of this block.

 

 

 

According to the statement released by AWEL, the pay zones and flow rates encountered have exceeded the company’s initial estimates. With the information obtained from adjoining fields/areas, the discovery is of

substantial significance for both the Company and the Nation.

 

The statement said the,"Drilling of the current well in March 2021 has confirmed the presence of substantial quantities of gas and condensate in the Block. Out of the three potential zones identified during drilling, two objects tested by Drill Stem Testing (DST) flowed substantial gas and condensate to the surface. Object-I (3m), a clean sandstone reservoir, flowed 9.7 million standard cubic feet per day of gas along with 378 barrels/day of condensate through a 28/64″ choke at a flowing tubing head pressure (FTHP) of 2659 psi. Object-II (15m), another thick clean sandstone reservoir, flowed 9.1 mmscfd of gas along with 443 barrels/day of condensate through a 28/64″ choke at an FTHP of 2566 psi."

 

Talking about the discovery the Adani said that the discovery will help India to achieve its dream of becoming a gas-based economy. “With the information gleaned from adjoining fields/areas, this discovery is of substantial significance for both the company and the nation,” he said in the statement.

 

Moreover, Sandeep Garg the Managing Director of AWEL said that besides the value it adds to the company, the discovery is a significant achievement for the country given India’s focus to triple the share of the natural gas consumption in its energy mix by the end of this decade.

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