INTRODUCTION
ONGC Videsh Limited (OVL), the wholly owned subsidiary of Oil and
Natural Gas Corporation Ltd (ONGC) acquired 24.125% Participating
Interests (PI) in Sudan exploration Block 5A from Austrian Company OMV AG on 12th May
2004.
Block 5A
Consortium Structure
| Company, Country |
Participating Interest |
| OVL, India |
24.125% |
| Petronas, Malaysia |
67.875% |
| Sudapet, Sudan |
8% |
White Nile Petroleum Operating (WNPOC), which is the Operator of
the Block is the joint operating company of Petronas of
Malaysia and Sudapet, the national oil company of Sudan.
The Block 5A is spread over an area of 20,917 sq. km. and
consists of discovered reserves and unexplored acreages.Considerable
exploratory drilling has been carried out in the block by the consortium
and two fields namely Thar Jath and Mala have been put on production
and cluster of discoveries around Mala are in the stage of development. Besides the above, a few more discoveries have been made in the Block.
The Thar and Mala Field started production in 2006. While production from Mala satellite will commence in 2008
Block 5B
OVL acquired 23.5% PI from OMV AG of Austria.
Consortium Structure
| Company, Country |
Participating Interest |
| OVL, India |
23.5% |
| Petronas, Malaysia |
39% |
| Sudapet, Sudan |
13% |
WNPOC is the Operator of Block 5B also.
The Block 5B is spread over an area of 20119 sq. km and no field operations
in the block carried out till 2005 due to security.
The total resource of the block is estimated at 3.5 billion barrels.
In view of the implementation of the Comprehensive Peace Agreement
(CPA) and security clearance by GOS ground operations have
commenced.
Contact Information
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