Reliance Abandons Second Exploratory Well Offshore India

Reliance plugged and abandoned a second exploratory well, KG-D9-B3, on the Company’s D9 (KG-DWN-2001/1) exploration license. The well reached a total depth of 12,562 feet (3,829 meters) by the Transocean Discoverer India drillship in a water depth of 9,672 feet (2,948 meters). The well encountered two Tertiary-aged reservoir quality sand packages of 230 and 131 feet (70 and 40 meters) of gross thickness, respectively, in which gas shows ranging from 6 to 9% were recorded. Testing was performed with the MDT tool, suggesting water gradient in the sand packages.

The D9 exploratory license is located in the Krishna Godavari Basin on the East coast of India and spans about 2.8 million acres (11,605 square kilometers). Reliance Industries operates the license, holding a 90% interest; Hardy Oil holds the remaining interest.

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