New Delhi: Billionaire businessman Anil Agarwal’s company Vedanta on Monday said it has discovered natural gas in a block in Gujarat, which it has received under the Open Field License Policy (OALP). was achieved in
“It informed DGH and Ministry of Petroleum and Natural Gas on 23 August 2021 about the gas and condensate discovery (renamed as JAYA) in its well Jaya 1 (earlier Jambusar-Updeep-1),” the company told the stock exchange. Is. It was dug in OALP block CB-ONHP/2017/2 in Bharuch district of Gujarat.”
The approval of the Management Committee has also been sought for this. The block was awarded to the company in October 2018 and is one of the 41 sectors awarded in the OALP-1 round of bidding. The company has 100% participation in the block.
Jaya-1 (earlier Jambusar-Updeep-1) is the third well in Gujarat and the second hydrocarbon discovery notified by the company under the OALP regime. “Further evaluation will be done to assess the potential commercial side of the discovery,” the company said.
