Mercator Gets DGH Approval For Field Development Plan
Mercator Petroleum Limited (MPL), a Mercator Group Company, announce that Directorate General of Hydrocarbons (DGH) has approved the Field Development Plan (FDP) submitted by MPL for its Jyoti-1 & Jyoti-2 oil discoveries in Block CB-ONN-200519. DGH has approved the FDP for over 23 million barrels of recoverable oil over the life of the field.
MPL is also gearing up to commence Extended Well Test (EWT)/ Trial Production at one of the wells in March 2018, as approved by DGH earlier. EWT will help MPL streamline operations prior to full-fledged production which is targeted to commence at the earliest.