Mehsana Block

CB-ONN-2002/2

Wells on Mehsana Block  

Mehsana Block

February 6, 2004 Signed Production Sharing Contract (NELP IV)
May 21, 2004 Production Exploration License issued
Area

Approximately 93 sq. km. (22,981 acres) (Original area = 125 sq. km. (30,888 acres))

GGR PI 10%
Partners Gujarat State Petroleum Company = 60%
Jubilant Offshore Drilling Pvt. Ltd. = 30% (operator)

As at August 13, 2010, a total of 8 wells have been drilled on this block 

Block Commitments
Total wells to be drilled in all phases are 11 (7 + 2 + 2)

Phase I (2.5 years) May 21, 2004 to November 20, 2006
(i) Acquire 75 sq. km. 3D seismic
(ii) Reprocess 650 line km. of 2D seismic
(iii) Bathymetric survey and seabed sampling
(iv) Drill 7 exploratory wells between 1,000 and 2,000 meters
Phase II ( 2.0 years ) November 21, 2006 to November 20, 2008
(i) Drill 2 exploratory wells to 2,000 meters
Phase III (1.5 years) November 21, 2008 to May 20, 2010
(i) Drill 2 exploratory wells to 2,000 meters
Land Relinquishment
(i) Phase I – 25% (relinquished 32 sq. km.)
(ii) Phase II – 25%
(iii) Phase III – 100% except for development and discovery areas

Changes and Updates to Phase Work Commitments:

February 8, 2010

The DGH approved the extension of the Phase I miminum work program to July 13, 2010.  This allowed the consurtium time to complete a four well testing and stimulation program in order to complete the appraisal of the block, the results of which are not yet known.  After completion of the test results, all areas not defined as a Commercial Discovery will be relinquished under the terms of the PSA as the consortium has elected not to proceed to Phase II.

August 28, 2008

Jubilant submitted a request to DGH requesting an extension of six months to Phase I from the date of approval of such request in order to complete a testing and stimulation program on existing wells in conjunction with the appraisal of the CB-3A discovery.  Formal approval for this request is pending.

April 8, 2008

As per PSC, Jubilant advises it will not enter into Phase II and states that 25% of the block has been relinquished (approx. 32 sq.km) leaving an area of approximately 93 square kilometers of the original 125 square kilometers.

October 8, 2007

Additional 6 month extension of Phase I (together with previous 6 months makes 12 month extension as per New Extension Policy) to May 20, 2008.

April 6, 2007

6 month extension of Phase I to November 20, 2007.

October 2006

6 month extension of Phase I to May 20, 2007.

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