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December 2, 2021updated 27 Apr 2022 12:12pm

Nagayalanka Conventional Oil Field, India

By Carmen

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 Vedanta Resources and Oil and Natural Gas.


Production from Nagayalanka

The Nagayalanka conventional oil field recovered 20.23% of its total recoverable reserves, with peak production 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 187.19 Mmboe, comprised of 50.87 Mmbbl of crude oil & condensate and 817.92 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,Liberia the UAE, Ireland, 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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