Niko gets evaluation of offshore India discovery

Offshore staff

CALGARY, Canada – Niko Resources Ltd. has received an independent resources evaluation report from Deloitte LLP for the MJ discovery in the D6 block offshore India.

Deloitte has evaluated the contingent resources based on available information, including the drilling, testing, and coring results of the MJ-1 discovery well and the MJ-A1, MJ-A2, and MJ-A3 appraisal wells.

Deloitte’s best case estimate of gross unrisked contingent resources of 1.4 tcf relates to the Central (North), Northern, and Central (South) fault blocks that were drilled by the MJ-1, MJ-A1, and MJ-A3 wells, based on an estimated areal extent of approximately 24 sq km (9.26 sq mi), approximately twice the areal extent of the analogous MA currently in production.


Did You Like this Article? Get All the Energy Industry News Delivered to Your Inbox

Subscribe to an email newsletter today at no cost and receive the latest news and information.

 Subscribe Now


Maximizing Operational Excellence

In a recent survey conducted by PennEnergy Research, 70% of surveyed energy industry professional...

Leveraging the Power of Information in the Energy Industry

Information Governance is about more than compliance. It’s about using your information to drive ...

Reduce Engineering Project Complexity

Engineering document management presents unique and complex challenges. A solution based in Enter...

Revolutionizing Asset Management in the Electric Power Industry

With the arrival of the Industrial Internet of Things, data is growing and becoming more accessib...