Oil India begins seismic survey offshore Andaman

9 October 2020 (Last Updated October 9th, 2020 09:53)

India’s second-largest hydrocarbon exploration and production company Oil India Limited (OIL) has started offshore operations in Andaman shallow waters with the deployment of a multi-purpose seismic data acquisition vessel 'SW Vespucci'.

Oil India begins seismic survey offshore Andaman
OIL noted that it is resuming exploration efforts in Andaman offshore after a long time. Credit: Wonita & Troy Janzen from Pixabay.

India’s second-largest hydrocarbon exploration and production company Oil India Limited (OIL) has started offshore operations in Andaman shallow waters with the deployment of a multi-purpose seismic data acquisition vessel ‘SW Vespucci’.

The vessel has been deployed for the acquisition of 2D seismic data in blocks OSHP-2018/1 and AN-OSHP-2018/2 that the company had bagged during the third Open Acreage Licensing Policy (OALP) Bid round.

OIL noted that it is resuming exploration efforts in Andaman offshore after a long time.

OIL chairman and managing director Sushil Chandra Mishra said: “The company has drawn up plans to intensify its exploration efforts in the country and increase exploration capital expenditure in the coming years.”

The data acquisition in Mahanadi on-land blocks in the Indian state of Odisha would commence shortly and the exploration drilling campaign in its OALP blocks would is expected to commence during 2021-22, Sushil added.

Oil India has been awarded 21 blocks spread over Assam and Assam-Arakan basin, Rajasthan, Mahanadi Onland, Andaman as well as Kerala-Konkan Offshore basins.

The company is expecting two more blocks under OALP V bid round in the state of Assam, which would take the acreage position of OIL in the northeast to more than 20,000km².

In July, an explosion at an Oil India’s well at the Baghjan oil field in the Indian state of Assam injured three foreign experts.