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November 25, 2021updated 26 Nov 2021 5:41am

CB-OS/2 (Lakshmi,Gauri,CB-X) Conventional Gas Field, India

By Carmen

CB-OS/2 (Lakshmi,Gauri,CB-X) is a producing conventional gas field located in shallow water in India and is operated by Vedanta Resources.

Field participation details

The field is owned by Invenire Energy, Oil and Natural Gas and Vedanta Resources.


Production from CB-OS/2 (Lakshmi,Gauri,CB-X)

The CB-OS/2 (Lakshmi,Gauri,CB-X) conventional gas field recovered 73.11% of its total recoverable reserves, with peak production in 2006. The peak production was approximately 3.09 thousand bpd of crude oil and condensate and 110 Mmcfd of natural gas. Based on economic assumptions, production will continue until the field reaches its economic limit in 2027. The field currently accounts for approximately 1% of the country’s daily output.


Remaining recoverable reserves

The field is expected to recover 31.53 Mmboe, comprised of 27.96 Mmbbl of crude oil & condensate and 21.44 bcf of natural gas reserves. CB-OS/2 (Lakshmi,Gauri,CB-X) conventional gas field reserves accounts 0.01% of total remaining reserves of producing conventional gas fields globally.


About Vedanta Resources

Vedanta Resources Ltd (Vedanta), formerly Vedanta Resources Plc, is a diversified natural resources company. Its operations span metals and mining, oil and gas, and power generation. The company explores, plans, builds, mines, processes, transports and markets a range of products, including base and precious metals, and minerals. Its major products include zinc, lead, silver, iron ore, steel, copper, aluminium, power, and oil and gas. The company also has under development a port operation business and infrastructure assets. Vedanta’s operations are mainly concentrated in India. It also has operations in Australia, Japan, Namibia, South Africa, South Korea, the UAE, Taiwan and Zambia. Vedanta is headquartered in London, the UK.

Methodology

Information on the field is sourced from GlobalData’s fields database that provides detailed information on all producing, announced and planned oil and gas fields globally. Not all companies mentioned in the article may be currently existing due to their merger or acquisition or business closure.

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