‘Sun Petrochemicals Private Limited’ (SunPetro) incorporated in 1995. SunPetro is owned by the Promoters of ‘Sun Pharmaceuticals Industries Limited’ (5th Largest Pharmaceutical Company in the World), which has products marketing presence in 150 countries and 48 manufacturing sites across the world.
SunPetro has diversified to the upstream hydrocarbon business in 2014 to contribute to the energy security of the country business with sustainable growth having excellence of technologies & knowledge pool. SunPetro is committed to Petroleum Operations with least impact on environment.
SunPetro is Operating five Oil & Gas fields, four in Cambay basin Gujarat and one in Western Offshore Basin. Currently the company is producing more than 2000 BOEPD from the four fields under production namely Hazira, Bhaskar, Baola and Modhera. The company has applied innovative technologies to put two of the very difficult & heavy small Oil fields on production first time in India.
The strength of the company is backed up by strong financial support of private equity funds, substantial exposure to E&P database and highly focused, excellent techno-commercial team. SunPetro has a highly experienced team of Scientists, Engineers, Project Management and Finance experts having rich experience in full gamut of Oil & Gas business with a mix of Industry stalwarts. The Team has excellent exposure to all E&P activities from Reservoir to Custody Transfer (R to C) and Concept to Commissioning (C to C) to deal with all types of Onshore / Offshore, Conventional & Unconventional oil / gas fields including deep water development and operations. The Team is mixed of Industry stalwarts and young enthusiastic technically competent engineers and scientists.
The company is equipped with state-of-the-art Interactive Interpretation Work Centre at its Mumbai office for complete analysis, modelling and advanced interpretation of Geology, Geophysics, Petrophysics and Reservoir & Production data with the leading latest software of the E&P industry for entire life cycle of oil and gas fields. The work centre enables the team not only to carryout in-depth evaluation of assets for acquisition, but also to plan for efficient development strategy & reservoir management of its fields. The company is committed to adoption of Good International Petroleum Industry Practices (GIPIP), Modern engineering practices in carrying out efficient, safe, prudent, and environment friendly sustainable petroleum operations.