Mahanadi Offshore - Antelopus Energy
Mahanadi Offshore
- D-11 Contract Area in the east coast Bengal – Purnea Basin. 6 proven discoveries with significant upside
potential - Phased development of resources
- Presence of active Gas markets, LNG infrastructure
- Tie In discussion with existing pipeline infrastructure initiated
- Attractive fiscal terms, Government take of Gross Revenues (incl. income tax) < 40%
Material Gas Development With Active Gas Markets and Large-Scale Infrastructure
D11 Cluster, Bengal Basin, India :
- Combined tested production of c. 80 mmscfd
- In-Place Resource base of 746 bcf gas
- Phase 1 to monetize 208 bcf gas
Development Plan
- To access 3 of the 6 ‘low risk – high profitable’ discoveries
- 3 well, one from each discovery planned via a platform-based development plan
- Construction of a subsea pipeline to the shore
- Oil and Gas to be sold with prices linked to global benchmarks.
- Established gas markets, landfall point for Gas in close proximity to the now operational LNG terminal in Orissa
Phase-2 Development, Exploration & Appraisal
- Extensive inhouse technical work completed
- Robust prospects portfolio of c. 500 bcf established
- Close to existing discoveries for short tie-back
- High geological chance of success (30% to 50%)
Gurgaon
Unit No. 455-457, 4th Floor,
JMD Megapolis Sector 48,
Sohna Road Gurgaon HR 122018 IN
JMD Megapolis Sector 48,
Sohna Road Gurgaon HR 122018 IN