Reliance Strikes Gas in Deepwater Krishna Block

Reliance Industries Limited (RIL) has announced its third successive gas discovery in the exploration block KG-DWN-2003/1 (KG-V-D3) of
NELP-V. The deepwater block KG-DWN-2003/1 is located in the Krishna basin, about 45 kilometers off the coast in the Bay of Bengal.

The block covers an area of 3288 square kilometers. RIL holds a 90% participating interest (PI) and Hardy Exploration and Production India Inc holds 10% of PI in the block.

The well KGV-D3-R1, the third in this block was drilled at a water depth of 1982 m and to a total measured depth of 4113 m. The objective was to explore the Miocene deepwater lobe & onlapping wedges play fairway. Three reservoir zones were encountered at Miocene Level having gross thicknesses of 4, 23 and 16 meters. The potential of these were evaluated through a wire-line based technology called Reservoir
Characterization Imager (RCI).

The discovery, named "Dhirubhai-44", has been notified to Government of India and Directorate General of Hydrocarbons. The potential
commerciality of the discovery is being ascertained through more data gathering and analysis.

This discovery supplements RIL's understanding, of the petroleum systems within the block. 3D seismic has been acquired over the entire block area. Besides the above discoveries, several prospects have been mapped at different stratigraphic levels to fulfill the balance minimum work commitment of three wells.