Cairn Oil & Gas to double production capacity by developing India’s Jaya discovery
(WO) – Cairn Oil & Gas announced the Jaya oil and gas discovery in its onshore OALP block in the Bharuch district of Gujarat in August 2021. Through exploration and appraisal successes, Cairn has now submitted a Field Development Plan (FDP) to produce over 2,000 boepd initially. This oil and gas 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 8 OALP rounds by the Government to various companies.
During its appraisal phase, the Jaya field started test gas evacuations in an innovative manner 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 done by an E&P operator from an exploration well. It has enabled Cairn to minimize gas flaring in line with its decarbonization vision while allowing appraisal. This gas sales through cascading served the dual aim of monetizing gas as well as fulfilling the nation’s energy requirements.
Cairn has signed a commercial gas sales agreement for gas off-take.
Cairn has utilized Advanced Rock Physics and Seismic Inversion technology to predict subsurface sweet spots in and around the Jaya area. A cluster of prospects has been identified which can be developed through tieback to the Jaya facility.
Through the FDP for Jaya, Cairn has nurtured a new asset in the western region that will support holistic economic and sustainable development. New exploration and production will continue to be the benchmarks of Cairn’s operations to drive energy security for India.
Cairn Oil & Gas, part of Vedanta Limited, is India's largest private oil and gas exploration and production company, contributing more than a quarter of India’s domestic crude oil production and driving energy security for India in a sustainable and responsible way.
The company has an interest in 62 blocks in India covering a total acreage of more than 61,114 km2, with gross 2P (Gross Proved Plus Probable Reserves) and 2C (Gross Contingent Reserves) in excess of 1.1 Bboe. The company has producing assets across Rajasthan, Andhra Pradesh, Gujarat, and Assam.
Over the last 30 years, Cairn has opened four frontier basins with numerous discoveries. The company is executing the largest exploration project in India with 46 simultaneously explored project blocks reinstating the faith in India’s hydrocarbon potential.
Dr. Steve Moore, Deputy CEO, Cairn Oil & Gas, Vedanta Ltd. said, “We are delighted to have progressed to Jaya discovery to its FDP and ready to begin production from Jaya block. At Cairn Oil & Gas, driving new exploration is a key pillar as we strive towards our goal of achieving 50% contribution to India’s domestic oil and gas production. This block in Gujarat was one of the initial discoveries for Cairn under India’s Open Acreage Licensing Policy (OALP), and we believe it will contribute to India’s energy requirements.”
Lead image source: Cairn Oil & Gas
