Indian company extracts oil in Georgia

Georgia, Tbilisi, April 18 / Trend N. Kirtzkhalia / Indian oil firm Jindal petroleum LTD has started oil production in Georgia. The Georgian Oil and Gas Corporation said on Wednesday that the production was launched from a new well in the Sartichal section, Samgori field in eastern Georgia. Jindal petroleum LTD is an Indian company. According to the report, drilling was launched on January 26, 2013 and ended on March 8. As a result, a deviated well with a depth of 2450 metres gave oil purified of water at a flow rate of 24 cubic meters per day. According to preliminary estimates, the remaining oil has risen from 2.4 million tons to 8.7 million tons at this section. The company is conducting similar work in the XI licence block at the field in Krtsanisi (Eastern Georgia). A well with a depth of 2003 metres has been drilled at this section. Jindal petroleum LTD is also drilling a test well on the licence block in Okami (Eastern Georgia). The design depth of the well is 3500 metres. It has been engaged in exploring hydrocarbons at five licensed blocks since 2009 with the help of one of its subsidiaries. The company is conducting search operations and extracting oil and associated gas at one of them. Do you have any feedback? Contact our journalist at agency@trend.az