RIL strikes oil in Cambay basin


Prime VIP
Mumbai, June 28

Reliance Industries today announced that it has discovered more oil in the Cambay basin block in Gujarat. The company said that it was the seventh oil discovery in the area which was awarded to it under NELP-V.

The current flow has been estimated at 410 barrels of oil per day (bopd) at the Cambay basin block in Gujarat. "The discovery is significant, as this is expected to open more oil pool areas leading to better hydrocarbon potential within the block," RIL said.

This discovery, named ‘Dhirubhai-50’, has been notified to the Government of India and to the Director-General, Directorate General of Hydrocarbons, the statement said. The potential commercial interest of the discovery is being ascertained through more data gathering and analysis, RIL added.