Focus Energy Makes Huge Gas Discovery in Rajasthan
Focus Energy has announced what it expects as one of the largest ever onshore gas finds in recent times. The discovery was made onshore Rajasthan block RJ-ON/6 in well SGL-1. It is located in Shahgarh area of Jaisalmer district.
The discovery is estimated to have 88 to 91 percent hydrocarbon content.
It is first major stratigraphic discovery on the Indian side of Indus basin and it is on the same stratigraphic trend of multi-trillion cubic feet (tcfs) producing fields in Pakistan. The exact amount of gas is yet to be fully ascertained.
Speaking on the development, Mr. Anil Aggarwal, Vice Chairman, Focus Energy Ltd. said "One of the most interesting parts of this development is that it is onshore gas discovery. The project has less gestation period in comparison with offshore projects. It is also easily transportable for commercial use."
Indus basin that is spread between Pakistan and India has immense potential in oil and gas. Many companies had reported success in the Pakistan side of basin including Petronas, BP and OMV. The quality of gas discovered by Focus Energy is similar to that found in Pakistan's Miano and Sawan gas fields.
Mr. Ajay Kalsi, Chairman, Focus Energy Ltd. added that the company is very excited about the development. It is working towards further exploration and commercial exploitation of discovered gas. It will also drill deeper zones that may have even larger reserves.
The discovery was made in excellent Cretaceous reservoir sandstones at a depth of 3100 meters. The well flowed 15 mmscf/d of almost pure methane gas through a 48/64 choke. Open Hole Drill Stem Test has confirmed the discovery.
Director General (Hydrocarbons) has already been notified about the discovery.
In Jaipur, Rajasthan's Minister of Mines and Petroleum Laxmi Narayan Dave said it was the first time that such huge reserves of natural gas were found in the state. He also added that the new gas reserves would augment power generation in the state and promote exploration and investment for the availability of Hydrocarbons.
The exploratory success has resulted under the leadership of Mr. Ajay Kalsi and Mr. Anil Aggarwal of Focus Energy.
Focus Energy is an exploration company lead by Mr. Ajay Kalsi and Mr. Anil Aggarwal. It draws its strength by the entrepreneurial drive of its promoters and a team comprising of leaders in the industry. The company uses latest technology and information technology tools for world-class exploration. The group has interest in several industries. The group turnover is around Rs. 250 crores per annum
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