Cairn India gets nod for undertaking drilling works of 64 exploratory, appraisal wells in KG-Basin

18 Jan 2017 Evaluate

Cairn India has received an approval for undertaking drilling works of 64 exploratory and appraisal wells in KG-OSN-2009/3 block in KG basin at Prakasam and Guntur districts of Andhra Pradesh. A committee under the Ministry of Environment, Forests and Climate Change has given a green signal to the company for the same.

The Expert Appraisal Committee (EAC) while according to environmental clearance set a few conditions along with other specific and general environmental conditions relevant to the project proposal. The company has proposed for drilling of 55 exploratory and 11 appraisal wells in KG-OSN-2009/3 block in Offshore KG Basin. The offshore block in the Bay of Bengal along the coast of Andhra Pradesh is spread over an area of about 1988 km.

Cairn India is one of the largest independent oil and gas exploration and production companies in India.



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Company Name CMP
ONGC 131.15
Oil India 213.95
Jindal Drilling&Inds 178.05
Aban Offshore 43.70
Asian Energy Service 87.60
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