Gujarat Natural Resources’ Subsidiary---GNRL Oil & Gas (GOGL) has successfully completed the drilling campaign for its 3 wells viz. K11, K14 and K15 at Kanwara oil fields. At present, one of the well is tied back to the existing production set up and producing approximately 180 bbl/ day oil and 7000 scmd gas.
The other two wells are on initial production testing stage and efforts are being made to put them on production by end of April, 2023 after upgrading production facilities. It is expected that an up gradation in the production facilities will result in increase of consolidated revenue/ profitability of the company.
Gujarat Natural Resources is engaged in the manufacture of different grades of low carbon alloy steels.
