Cairn India has begun a multi-well exploration drilling campaign in KG-ONN-2003 /1 block in Krishna-Godavari basin in Andhra Pradesh. The company it had won the block in the fifth round of New Exploration Licensing Policy.

The company holds 49 per cent stake in the block and is the operator, while the remaining 51 per cent participating interest is with ONGC. The first rig to spud the well has been mobilised and the contract awarded. The drilling programme includes three wild cat wells - to be drilled till June 2010.

Wild cat wells are drilled in areas which have not been explored. Subsequently, two exploratory wells would be added around August 2010.

Meanwhile, Cairn has designed the Mangala Processing Terminal (MPT) to process crude before evacuating for sale to the Union Government nominees and private refiners.

The MPT is likely to process crude from the Mangala, Bhagyam and Aishwariya fields. It is designed to process 2,05,000 bpd of crude with scope for further expansion.

Also See:

Cairn India carries out study in Ravva field (23-Feb-10)

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