Reliance Industries' Orissa Discovery
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Reliance has released estimates of initial in-place gas at the NEC-OSN-97/2 block offshore Orissa where last month the company announced a significant discovery. Reliance last month told the oil ministry that the three discoveries at the NELP-1 block hold a total of 960 billion cubic feet of 'initial in place' gas.
On June 24th, Reliance chairman Mukesh Ambani told shareholders in Mumbai that the Dhirubhai-9, 10 and 11 wells (named after group founder Dhirubhai Ambani) drilled at NEC-OSN-97/2 could hold between three to five trillion cubic feet in-place gas. ONGC had drilled about 60 dry wells on this block before it went to Reliance.
||Net Gas Pay
||Gas in Place
||400 bn cubic feet
||320 bn cubic feet
||240 bn cubic feet
- "Market Intelligence from the Oil, Gas & Power sector