India

Gujarat State Petroleum Corp. and GeoGlobal Resources Inc., Calgary, are starting development of Tarapur 1 oil field in western India’s Cambay basin.

July 17, 2009

By OGJ editors
HOUSTON, July 17 – Gujarat State Petroleum Corp. and GeoGlobal Resources Inc., Calgary, are starting development of Tarapur 1 oil field in western India’s Cambay basin.

Full field development is to involve 17 wells by the end of 2009. An engineering report attributes 1.753 million stb of proved developed nonproducing oil reserves to the first six wells. GeoGlobal’s interest is 14%.

Production in May from the first three wells totaled 8,155 bbl of oil and 3.6 MMscf of gas. In June the three wells averaged 466 b/d and 420 Mcfd.