Reliance hits oil, gas in Cauvery basin

July 18, 2007
Reliance Industries Ltd. has found success with its deepwater well in the Cauvery basin off the east coast of India.

Offshore staff

MUMBAI, India -- Reliance Industries Ltd. has found success with its deepwater well in the Cauvery basin off the east coast of India. The Dhirubhai-35 discovery is a first for Reliance and a first for the deepwater Cauvery basin.

Dhirubhai-35 lies in 1,185 m (3,888 ft) water depth and was drilled to a 4,081 m (13,389 ft) TD. The well encountered a clastic reservoir with a gross hydrocarbon column of about 150 m (492 ft). Well tests confirmed the presence of oil and gas with condensate. A drillstem test produced 31 MMcf/d of gas with 1,200 b/d of condensate from the main zone. Another zone tested below the main zone produced about 550 b/d of oil with 1 MMcf/d of gas.

Reliance has notified the government of India and Directorate General of Hydrocarbons of the discovery.

Reliance won the 14,325 sq km (5,531 sq mi) CY-DWN-2001/2 (CY-III-D5) block in India's New Exploration Licensing Policy (NELP) III bidding round in 2002 and holds 100% interest in the block. Reliance was awarded seven of the nine deepwater blocks in NELP III.

Within a span of six years as an E&P operator, Reliance has discovered hydrocarbons in four major basins offshore India – Krishna-Godavari, Mahanadi, Saurashtra, and Cauvery – with major commercial deepwater finds.

The success of the Dhirubhai-35 well opens a new area of exploration in this basin, Reliance says.

7/18/2007