Google
Official Google Earth Download Site

Google Earth Community System Reliability: MEDIUM

Earth >> Earth Browsing

abhilashthomas
Tourist


Reged: 12/26/05
Posts: 58
Loc: Whitefield, Bangalore, India
Mangala Fields, Rajasthan - Cairns India
      01/15/07 08:31 PM

View in Google Earth         View in Google Maps (103 downloads)



Mangala Exploration Fields - Cairns India found oil reserves (1 billion barrels) here.

The estimated oil reserves here (2P) is around 1,000 million barrels and recoverable reserves are around 300-400 mbl. The commercial production is expected to start in 2008 middle. If the present expectations are met, this will contribute to around 30% of Indian crude oil production and 12% of Indian total oil requiremetns.

The company found the oil deposits in 2002 Sep. But the development of Oil extraction infrastructure is in a very slow pace to get production after 6 years (Agaist typical 3 yrs). Also the company wants to take money back to its parent by IPO in India, even before production starts. These actions make observers a little suspectful about the quality and quantity of the oil find.

--------------------
Have a nice day !!!

Post Extras Print Post   Remind Me!     Report this Post


Entire topic
Subject Posted by Posted on
* Mangala Fields, Rajasthan - Cairns India abhilashthomas 01/15/07 08:31 PM


Extra information
0 registered and 41 anonymous users are browsing this forum.

Moderator:  Jumble, Hill, Kempster, mcshea98, jeffryv, dulce, esterrett, NormB, Frank_McVey, BeadieJay, TheLedge, Cyclonic, no_stranger, LuciaM, tekgergedan, Noisette, danescombe, Michal_Drewniak, freezer_magnet, mutex, marinerfan, Delta102, bebop, MarkAubin 



Forum Permissions
      You cannot start new topics
      You cannot reply to topics
      HTML is disabled
      UBBCode is enabled

Rating:
Thread views: 309

Rate this thread

Jump to

earth.google.com    bbs.keyhole.com

*
UBB.threads™ 6.5.1.1