RIL reports fifth oil discovery in Cambay basin

28 May 2010

1

Mumbai: Reliance Industries Limited today said that it had made its fifth oil discovery in exploration block CB-ONN-2003/1 (CB 10 A&B), awarded under the NELP-V round of bidding.

The block CB-ONN-2003/1 is located in the Cambay basin about 130km from Ahmedabad in Gujarat.

RIL said that it drilled the CB10A-J1 well to a total depth of 1,957 metres in Part A of the block, to explore the play fairway in the Miocene Basal Sand (MBS) of Babaguru formation and Eocence Pays of Kalol formation.

It said in a statement, "Hydrocarbon bearing zone was identified at a depth of 1,376-1,385.5 metres in the Miocene Basal Sand (MBS) of Babaguru formation."

Conventional production testing was carried out in the interval of 1,376-13,81.5 metres.

"The well flowed at a rate of 255 barrels of oil per day (bopd), through a 6-mm bean with a flowing tube head pressure of 180 psi," RIL said.

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