Project Profile
Location: Eastern Gujarat state, Madhya Pradesh, central India
Prospective resources: 959 Bcf
Area: 714 sq. km
Start-up year: 2014
On 29 July 2010, Dart Energy was awarded a CBM licence, located in eastern Gujarat state, central India, as part of the Indian Government\'s CBM IV bidding round the Satpura license where Dart Energy holds 80% interest and Tata Power a 20%. In 2011, Dart attained regulatory and environmental approvals to commence the exploration drilling campaign. The first well of the 15-core hole program was spudded on 23 December 2011. Dart expects the remainder will be completed by end-2012. Contigent on the results, Phase 2 would include a pilot program consisting of 21 wells. As of 31 December 2011, Netherland, Sewell & Associates Inc. has estimated prospective resources of 959 Bcf on the Satpura block.
Operators:
Dart Energy: Operator with 80% interest
Tata Power: 20% interest
Contractor:
Netherland, Sewell & Associates Inc.: Reserves estimation report