Deals26 Mar 2025, 06:41 pm
Gujarat Natural Resources Ltd Commences 5-Well Drilling Campaign Ahead of Monsoon Season
AI Summary
Gujarat Natural Resources Ltd (GNRL) and its subsidiary, GNRL Oil & Gas Limited (GOGL), have initiated their development drilling campaign with the aim of drilling 5 wells within a 3-month period. The first drilling operation began at location Kanawara-12 on 25th March 2025, and the second rig will start at location Kanawara-13 in the first week of April 2025. This move aligns with the company's strategy to complete the drilling campaign efficiently and ensure timely production and growth before the monsoon season.
Key Highlights
- Gujarat Natural Resources Ltd and GNRL Oil & Gas Limited have started their 5-well drilling campaign.
- Two drilling rigs are being used to achieve the target within a 3-month period.
- The first drilling operation began at Kanawara-12 on 25th March 2025.
- The second rig will start at Kanawara-13 in the first week of April 2025.
- The campaign is part of the company's strategy to complete the drilling efficiently and ensure timely production before the monsoon season.