Reliance Hits Gas Pay Offshore India
Reliance Industries made a gas discovery in exploratory well KG-D9-A2 in the D9 license.
The well KGD9-A2 reached a total depth of 16,014 feet (4,881 meters) MDRT with the purpose of exploring the play fairway in the Early and Late Miocene Channel Levee complex. The discovery lies in a water depth of about 8,858 feet (2,700 meters). The operator evaluated wireline MDT and found the well discovered three sand reservoirs with a gross thickness of about 72 feet (22 meters).
Reliance will now analyze the data to determine if the find is commercially viable. The D9 exploration license is in the Krishna Godavari basin on the east coast of India and covers an area of about 2 million acres (8,695 square kilometers). Reliance operates the license, holding a 90% interest; Hardy holds the remaining interest.SubseaIQ provides focused, in-depth coverage of offshore field development activities around the world, with daily updates on hundreds of offshore fields and facilities. Click here to sign up for the free weekly email newsletter.
- OPEC's Output Curbs Squeeze World's Biggest Oil Refining Complex (Oct 16)
- India's Reliance Industries 2Q Profit Up 7%, Lags Estimates (Oct 13)
- India's Reliance Sells US Shale Asset for $126 Mln (Oct 06)
Company: Hardy Oil more info
- India's Reliance, Partners Abandon East Coast Oil and Gas Block (Dec 24)
- Hardy Wins India Court Decision over Ganesha-1 Discovery (Feb 04)
- Hardy In Talks to Increase Stake Offshore India (Jan 10)