Niko Strikes Again in New Exploration Block NEC 25

Niko Resources has made three new gas discoveries in the NEC-25 block off the west coast of India.

The three wells were drilled in water depths of 64 - 84 meters. Initial in-place reserves estimates, by the operator, for the three wells is approximately 1 trillion cubic feet of gas. The operator estimates the potential gas in-place, based on seismic and other studies, may be 4 to 5 trillion cubic feet of natural gas. Further details on the discoveries will be released when available.

Niko has a 10 percent working interest in the NEC Block with the operator Reliance Industries Limited.

Our Privacy Pledge

Most Popular Articles

From the Career Center
Jobs that may interest you
Entry Level Environmental Scientist / Geologist
Expertise: Environmental Engineer|Geologist
Location: Novi, MI
DRC Analyst I
Expertise: Engineering Technician|Geoscience Technician|Laboratory Ops / Tech
Location: Houston, TX
United States Broussard: Logging Geologist-Surface Data Logging, I
Expertise: Geologist|Mud Logging
Location: Broussard, LA
search for more jobs

Brent Crude Oil : $49.3/BBL 0.80%
Light Crude Oil : $46.79/BBL 0.70%
Natural Gas : $3.04/MMBtu 0.97%
Updated in last 24 hours