CB-OS/2 (Lakshmi,Gauri,CB-X) is a producing conventional oil field located in shallow water in India and is operated by Vedanta Resources. According to GlobalData, who tracks more than 34,000 active and developing oil and gas fields worldwide, the field is located in block CB-OS/2 (Gauri PML Field), CB-OS/2 (Lakshmi PML Field), and CB-OS/2 (CB-X), with water depth of 328 feet. Buy the profile here.
An expansion project is associated with the CB-OS/2 (Lakshmi,Gauri,CB-X), namely the CB-OS/2 (Lakshmi,Gauri,CB-X) Development . This project is currently in the feasibility stage.
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 oil field recovered 95.17% of its total recoverable reserves, with peak production in 2006. 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.
Contractors involved in the CB-OS/2 (Lakshmi,Gauri,CB-X) conventional oil field
Some of the key contractors involved in the CB-OS/2 (Lakshmi,Gauri,CB-X) project as follows.
Other Contractors: OilMax Energy and Altrad Investment Authority
About Vedanta Resources
Vedanta Resources Ltd (Vedanta), formerly Vedanta Resources Plc, is a diversified natural resources company. Its major products include zinc, lead, silver, iron ore, steel, copper, aluminum, power, and oil and gas. Its operations span metals and mining, oil and gas, and power generation. The company explores, builds, mines, plans, processes, transports, and markets a range of products, including base and precious metals, and minerals. 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.
For more details on the CB-OS/2 (Lakshmi,Gauri,CB-X) Conventional Oil Field, buy the profile here.
Data Insights
From
The gold standard of business intelligence.
Blending expert knowledge with cutting-edge technology, GlobalData’s unrivalled proprietary data will enable you to decode what’s happening in your market. You can make better informed decisions and gain a future-proof advantage over your competitors.