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Area of Operation
India
 
CY - OS-90/1Block (PY-3 field)
CB - OS/2 Block
CB - OS /1 Block
PR-OSN-2004 /1 Block
Indonesia
Tanzania
 
   
 
PR-OSN-2004/1 Block

This block was awarded under NELP VI round of bidding. The Company has a participating interest of 30% in the Block. Cairn India is the Operator of the Block with 35% participating interest. ONGC the other Partner also has 35% participating interest. The Production Sharing Contracts (PSC) for the Block was signed on March 2nd, 2007.

The PR-OSN-2004/1 Block is located in the Palar Basin in the East coast of India, east of Chennai, in shallow water up to 400m depth. The Company has bid for the PR-OSN-2004/1 Block after initially estimating recoverable reserves of about 30 MMbbls of oil based on existing Geological & Geophysical studies and data from adjoining fields.

The block is in the exploration phase and the drilling campaign has commence in Feb 2017.

 
 
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