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Cairn plugs offshore RX-7 exploration well in east India
By A Business Correspondent
Cairn Energy has plugged and abandoned its RX-7 well in the Ravva drilling offshore field in eastern India. This marks the completion of its current Ravva drilling campaign. It has released Aban-II jack-up rig. The well encountered oil shows in the Early Miocene section whilst drilling and a drill stem test was conducted. The test established that the formations were tight, being of low permeability, and no flow of formation fluids was achieved. The data acquired from RX-7 will be integrated with the ongoing 3D seismic interpretation over the Ravva block. Following completion of the seismic interpretation further exploration drilling is expected to commence in 2003.
Cairn holds a 22.5 per cent equity interest in Block PKGM-1 (Ravva). The remaining interests are held by ONGC (40 per cent), Videocon Petroleum Ltd (25 per cent) and Ravva Oil (Singapore) Pte Ltd (12.5 per cent).
(1/6/02)
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