Page 4 - AsianOil Week 07
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ONGC hires Belorusneft for EOR project
PROJECTS & COMPANIES
INDIA’S state-run Oil and Natural Gas Corp. (ONGC) has hired a Belarusian oil and gas com- pany to provide enhanced oil recovery (EOR) services at six of its mature oil elds.
ONGC has awarded a nine-month research contract for surface-active agent formulae to Belorusne , news service BelTA reported on February 17. BelTA cited unnamed specialists from the Belarusian company’s research divi- sion, BelNIPIne , as saying the Indian elds had high water content.
e specialists added that the study would use laboratory tests to determine which com- pounds of surface-active agents were most suit- able for each eld. Screening and ltration tests will then be performed on drill samples in a sim- ulated setting. e test results will help with the development computer hydrodynamic models designed to evaluate the reagents’ e ectiveness.
is is not Belorusne ’s rst oil eld services contract in India, with the company having
previously partnered with state-run Oil India Ltd (OIL) on the latter’s Digboi and Chabua elds.
ONGC’s contract is part of a wider push by India’s largest oil and gas developer to reverse a multi-year decline in production.
ONGC’s crude and condensate production in the October-December quarter shrank by 3.5% year on year to 5.82mn tonnes (464,000 barrels per day) while gas output slid 7.7% y/y to 6.17bn cubic metres. In the nine months to December 31, the company produced 17.53mn tonnes (467,000 bpd) of oil, down 4.3% y/y, while gas output slid 2.1% to 18.86 bcm.
e state oil producer invited bids for pro- duction enhancement contracts (PECs) at 64 onshore fields, which were split into 17 con- tract areas, in June 2019. Indian newswire PTI reported last month that bidding had closed on January 17, and the round had received o ers from 12 contractors interested in boosting pro- duction at 50 of its elds.
PEL brings Pakistani gas block on stream
PROJECTS & COMPANIES
PAKISTANI independent Petroleum Explo- ration Ltd (PEL) has started commercial pro- duction of natural gas from the onshore Badin IV South Block in Sindh Province, according to junior partner Jura Energy.
Calgary-based Jura said on February 13 that the block’s Aminah and Ayesha North leases were producing around 22mn cubic feet (623,000 cubic metres) per day of gas and 174 barrels per day of natural gas liquids (NGLs). e company said its share of production amounted to 6.05 mmcf (171,000 cubic metres) per day of gas and 46.85 bpd of NGLs.
PEL operates the 39.5-square km block, which straddles the Badin and Sujjawal districts, while Jura owns a 27.5% stake.
Jura said the gas production was being sold to distributor Sui Southern Gas Co. (SSGC), while the NGLs were being sold directly to local re neries.
Jura said the price of the gas and NGL pro- duction was determined by a government for- mula that was linked to the carriage and freight (C&F) price of a basket of crude oil imports. Based upon a C&F price of $53 per barrel, Jura said Badin IV South’s gas would be priced at $4.54 per million British thermal units ($125.58 per 1,000 cubic metres), while NGL production would receive $48.45 per barrel.
On the same day the company announced Badin IV South’s start-up, the Canadian junior also revealed that its partner on the Zarghun South lease had spudded a development well
there. Mari Petroleum Company Ltd (MPCL) has begun drilling the Zarghun South-4 well, which has a projected measured depth of 2,070 metres and is targeting the Dunghan Limestone Formation.
Jura said the 124-square km block, which lies in the western part of the Sulaiman Fold and rust Belt of the Middle Indus Basin, was stra- tegically located close to the gas demand centre of Quetta City.
MPCL is currently expanding its upstream presence in Pakistan, having just won a petro- leum concession agreement (PCA) and explo- ration licence for the onshore Taung block in partnership with Pakistan Oil elds Ltd (POL). e partners, which own 60% and 40% of the block respectively, agreed in January to invest at least $6.17mn in the 151-square km block dur- ing an initial three-year work period.
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w w w. N E W S B A S E . c o m Week 07 19•February•2020
