Reliance makes fourth KG block discovery
Reliance Industries has notched a fourth successive gas discovery in the KG-DWN-2003/1 (D3) exploration block in India’s Krishna Godavari basin off eastern India.
LONDON -- Reliance Industries has notched a fourth successive gas discovery in the KG-DWN-2003/1 (D3) exploration block in India’s Krishna Godavari basin off eastern India.
According to partner Hardy Oil & Gas, well KGV-D3-W1 was drilled to a measured TD of 3,501 m (11,486 ft) at a water depth of 1,653 m (5,423 ft). It encountered a gross gas pay zone of 37.5m (123 ft) in Pliocene sands. The potential of the pay was evaluated by a wire-line modular pressure testing tool and via collection of gas samples. The partners are currently assessing the commerciality of the discovery dubbed Dhirubhai-52.
The D3 license covers an area of around 3,288 sq km (1,269 sq mi).
Hardy Chief Executive Yogeshwar Sharma said: "Four successive discoveries highlight the significant prospectivity of this extensive exploration block. The Krishna Godavari basin is an emerging world class basin for India. Further exploration drilling is planned in this area and we look forward to continuing to participate in unlocking of the basin's exceptional energy potential."