New Launch18 Aug 2025, 06:21 pm
Gujarat Natural Resources Ltd Announces Drilling Campaign Progress, Expects 60,000 SCMD Gas Production Boost
AI Summary
Gujarat Natural Resources Ltd (GNRL) and its step-down subsidiary, GNRL Qil & Gas Limited (GOGL), have provided an update on their ongoing drilling campaign in the North Balol gas field. GOGL commenced its two-well development drilling campaign on 10th August 2025. The first well, NB10, has already reached a depth of 312 meters, with a planned total depth of 900 meters. The North Balol field is currently producing 11,000 Standard Cubic Meters per Day (SCMD) of gas. Once both wells are drilled, production is expected to increase to 60,000 SCMD. These two new development wells are expected to commence commercial production within two months. GOGL holds a 30 percent participating interest in the North Balol field.
Key Highlights
- Gujarat Natural Resources Ltd and its subsidiary are undertaking a two-well development drilling campaign in the North Balol gas field.
- The first well, NB10, has reached a depth of 312 meters with a planned total depth of 900 meters.
- The North Balol field is currently producing 11,000 SCMD of gas, expected to increase to 60,000 SCMD after drilling both wells.
- The two new development wells are expected to commence commercial production within two months.
- GOGL holds a 30 percent participating interest in the North Balol field.