Synergia Energy announces the following update with respect to its Cambay India operations.

The C-77H well continues to produce on a consistent plateau with gas rates between 255 and 275 MCFD. Gas production is being sold at the Government of India regulated price of $8.57/MCF.

In addition to the C-77H gas condensate, oil production from the C-19z, C-20, C-63 and C-72 wells has re-commenced. Although the newly re-opened oil wells are experiencing “flush production” (the higher rate normally experienced when wells are brought back online), currently an aggregate of c. 50 bopd (including condensate) is being produced.

Cambay licence

The Cambay licence has an interesting history and holds a very significant place in the development of India’s oil and gas industry. In 1958, the first well undertaken by India’s newly established national oil company (ONGC) was drilled within the area of the current licence. The well was also India’s first hydrocarbon discovery outside of Assam and marked the beginning of India’s modern hydrocarbon industry. It was the first indication of how prolific the Cambay Basin was to become and was followed by many more discoveries.

Some 70 wells have been drilled within the Cambay licence. Almost all of these have recorded hydrocarbon indications and a number were placed on commercial production from multiple reservoir zones. Around 60% of the wells were drilled between 1958 and 1969 using outdated drilling practices and rudimentary logging tools and are of limited reliability and use. The first 3 wells suffered blow outs of both water and hydrocarbons from over-pressured formations. However, the rich prospectivity of the area was established from the very first well. 

KeyFacts Energy: Synergia Energy India country profile