Nagayalanka is a producing conventional oil field located onshore India and is operated by Vedanta Resources. The field is located in block KG-ONN-2003/1.
Field participation details
The field is owned by Oil and Natural Gas and Vedanta Resources.
Production from Nagayalanka
The Nagayalanka conventional oil field recovered 13.73% of its total recoverable reserves, with peak production expected in 2021. The peak production was approximately 13.22 thousand bpd of crude oil and condensate and 171 Mmcfd of natural gas. Based on economic assumptions, production will continue until the field reaches its economic limit in 2071. The field currently accounts for approximately 3% of the country’s daily output.
Remaining recoverable reserves
The field is expected to recover 202.43 Mmboe, comprised of 55.7 Mmbbl of crude oil & condensate and 880.38 bcf of natural gas reserves. Nagayalanka conventional oil field reserves accounts 0.04% of total remaining reserves of producing conventional oil 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.
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.