Greater Chandmari is a producing conventional oil field located onshore India and is operated by Oil India.
An expansion project is associated with the Greater Chandmari, namely Baghjan Development. This project is currently in the feasibility stage.
Field participation details
The field is owned by Oil India.
Production from Greater Chandmari
The Greater Chandmari conventional oil field recovered 50.67% of its total recoverable reserves, with peak production in 2019. The peak production was approximately 14.3 thousand bpd of crude oil and condensate and 58 Mmcfd of natural gas. Based on economic assumptions, production will continue until the field reaches its economic limit in 2058. The field currently accounts for approximately 2% of the country’s daily output.
Remaining recoverable reserves
The field is expected to recover 94.23 Mmboe, comprised of 56.2 Mmbbl of crude oil & condensate and 228.15 bcf of natural gas reserves. Greater Chandmari conventional oil field reserves accounts 0.02% of total remaining reserves of producing conventional oil fields globally.
About Oil India
Oil India Ltd (OIL) is an energy company. It carries out the exploration, development and production of crude oil and natural gas, transportation of crude oil and production of liquefied petroleum gas (LPG). The company’s operations are mainly concentrated in the North East and Rajasthan in India. It also has participating interest in exploration blocks in Krishna Godavari Deepwater in India and in various projects in Libya, Gabon, Nigeria, Venezuela, the US, Mozambique, Bangladesh, Russia, and Israel. The company also provides upstream related services and operates crude and product pipelines. OIL owns a stake in Numaligarh Refinery Ltd, Oil India Sweden AB, Oil India Cyprus Ltd, Oil India(USA)Inc, Oil India International B.V and Oil India International Pte. Ltd. The company also operates renewable energy projects in Rajasthan, Assam, Gujarat, and Madhya Pradesh. OIL is headquartered in Noida, Uttar Pradesh, India.
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.