Cairn Energy finds 2nd oil field in K-G

Cairn Energy India,a subsidiary of Cairn India,said that it informed its management committee of a second oil discovery in onshore KG-ONN-2003/1 block in the Krishna-Godavari basin

Written by Express News Service | New Delhi | Published: April 4, 2012 12:48:49 am

Cairn Energy India,a subsidiary of Cairn India,said on Tuesday that it informed its management committee of a second oil discovery in onshore KG-ONN-2003/1 block in the Krishna-Godavari basin.

Cairn Energy,the block operator with 24 per cent,said it encountered a 57-metre hydrocarbon column at depths between 4369.2-4426 metres in Nagayalanka-SE-1 well that flowed an average rate of 70 barrels of crude oil and 0.6 million standard cubic feet of natural gas a day.

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