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Adani Enterprises becomes second-most valuable Adani Group firm

Read more about Adani Enterprises becomes second-most valuable Adani Group firm on Business Standard. At 01:34 pm, Adani Enterprises was up 6.5 per cent at Rs 1,683.6, with a market capitalisation (market-cap) of Rs 1.85 trillion, the BSE data shows

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Adani Enterprises Ltd updates on recent gas discovery by Adani Welspun Exploration Limited

Adani Enterprises Ltd updates on recent gas discovery by Adani Welspun Exploration Limited
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Welspun Enterprises update on gas discovery by JV Adani Welspun Exploration

Welspun Enterprises announced that its JV with Adani Group, Adani Welspun Exploration (AWEL) struck substantial quantities of gas and condensate at three reservoir levels following the drilling of an exploratory well in the NELP-VII area (MB-OSN-2005/2) in March 2021. The pay zones and flow rates encountered have exceeded AWEL s initial estimates. Out of the three potential zones identified two objects were tested by Drill Stem Testing (DST) , flowed substantial gas and condensate to surface. Object -I (3m) a clean sandstone reservoir flowed 9.7 million standard cubic feet per day (mmscfd) of gas along with 378 barrels /day of condensate through a 28/64 choke with a flowing tubing head pressure (FTHP) of 2659 psi. Object -II (15m) another thick clean sandstone reservoir flowed 9.1 mmscfd of gas along with 443 barrels /day of condensate through a 28/64 choke with a FTHP of 2566 psi.

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