Area Drilling

IndiaThe submerged Shiva crater in the Mumbai offshore basin, with 500 km diameter and 7 km of structural relief, has emerged as a viable candidate for the Cretaceous-Tertiary mass extinction, said a publication by the Texas Tech University Museum, Lubbock, Tex.The peak ring of the multiringed crater is the structural trap for oil and gas, wrote Sankar Chatterjee and three other authors.Shiva has reserves in Miocene formations exceeding 8.4 billion bbl of oil, 24.2 tcf of gas, and 300 million bbl of natural gas liquids. The total 12.7 billion bbl of oil equivalent is from 165 fields of which 126 are 1 million boe or greater in size.Shiva is at the juncture of India’s Saurashtra, Sur...

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