Cairn India has made its latest oil discovery, the 26th discovery so far in the RJ-ON-90/1 block, following recent policy clarity by Government of India (GoI) to conduct exploration activity in development blocks.
The Management Committee approved the exploration work programme for the RJON-90/1 block on 14 February, 2013, post which Cairn India, the operator of the block, commenced the drilling of its first Exploration well, Raageshwari-South-1 on February 25, 2013 located in the southern part of the block.
The technical evaluations indicate 10 metres of gross oil column within Dharvi Dungar Formation. Oil has been discovered and tested for the first time in Dharvi Dungar sands in Raageshwari-Tukaram area, where previous discoveries were in the shallower Thumbli sands. The volumes of oil in place and the potential resource base associated with this discovery are under evaluation.
