Jadestone Outlines Gas Sale Terms with PV Gas for Fields Offshore Vietnam
Asia-focused oil and gas company Jadestone Energy has signed a heads of agreement with PetroVietnam Gas Joint Stock Corporation…
Stay updated with breaking news from Field Development Plan. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Asia-focused oil and gas company Jadestone Energy has signed a heads of agreement with PetroVietnam Gas Joint Stock Corporation…
Asia-focused oil and gas company Jadestone Energy has signed a heads of agreement with PetroVietnam Gas Joint Stock Corporation…
Cairn Oil & Gas has submitted a field development plan to produce more than 2,000 barrels of barrels of oil equivalent per day from its Jaya block
Vedanta made this gas and condensate discovery, named ‘Jaya’, in its block CB-ONHP-2017/2 in the Bharuch district of Gujarat in August 2021. This is the first field development plan submitted for any discovery in the 144 blocks awarded under open acreage licensing policy (OALP) to various companies, Vedanta said. Vedanta has exploration licenses for 51 OALP blocks.
Vedanta has signed a commercial gas sales agreement for gas off-take from this field. During the appraisal phase, Jaya's gas was evacuated through truck-mounted compressed natural gas (CNG) kits and taken to nearby CNG gas stations, the company said. “This is the first-of-its-kind facility where sales through a CNG cascade system is being done by an exploration & production operator from an exploration well,” it added. This enabled the company to minimize gas flaring during the field appraisal.