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AWEL receives potential commercial interest for recent gas discovery

Monday, 17 May 2021
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Adani Welspun Exploration (AWEL) has received potential commercial interest for recent gas discovery. 
 
On 15 March 2021, Adani Welspun Exploration (AWEL), a joint venture between the Adani Group (65 percent shareholding) and Welspun Enterprises (35 percent shareholding), had announced its gas discovery in Mumbai Offshore’s Tapti-Daman Sector. The gas discovery made and announced has got potential commercial interest. 
 
The drilling of an exploratory well in the NELP-VII area (MB-OSN-2005/2) in March 2021 has struck substantial quantities of gas and condensate at three reservoir levels.  The pay zones and flow rates encountered have exceeded AWEL’s initial estimates. 
 
Out of the three potential zones identified two objects were tested by Drill Stem Testing (DST), flowed substantial gas and condensate to surface. 
 
Object -I (3m) a clean sandstone reservoir flowed 9.7 mmscfd of gas along with 378 barrels per day of condensate through a 28/64 inches choke with a flowing tubing head pressure (FTHP) of 2659 psi.  
 
Object -II (15m) another thick clean sandstone reservoir flowed 9.1 mmscfd of gas along with 443 barrels per day of condensate through 28/64 inches choke with a FTHP of 2566 psi. 
 
The preliminary analysis of the data indicates that the Block has a high potential of commerciality with Gas Initially Inplace Place (GIIP) contingent resources (2C) to the tune of 514 BCF with additional prospective resources of 50 BCF.   
 
Additionally, seismic inversion, convential core and PVT studies of data collected from the discovery well are being analysed to assess the full potential of the find; preliminary results indicate potential upsides to estimated resources.
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