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RIL makes gas discovery in Krishna Basin

This article was posted on Jan 16, 2008 and is filed under Press Releases

Reliance Industries Limited (RIL) is pleased to announce yet another discovery in exploratory block KG-OSN-2001/1 (KG-III-5) located in Krishna offshore basin in the east coast of India. This is the third gas discovery in this block. The shallow water block KG-OSN-2001/1 (KG-III-05) located in the Krishna Basin, with an area of 1100 sq. kms, was awarded to RIL under bidding round of NELP-III. RIL holds 100% participating interest in this block.

The well KG-III-05-J1 was drilled at a water depth of 151m and to a total depth of 2820m with the objective of exploring the Miocene play fairways within the block and for further understanding of the Krishna basin. During the drilling of this well a clastic reservoir was encountered with gross hydrocarbon column of around 105 meters in the Miocene section. The above pay zone has been confirmed through wire-line based technology called Reservoir Characterisation Imager (RCI). This discovery namely ‘Dhirubhai – 38’ has been notified to Government of India and Directorate General of Hydrocarbons.

This discovery further substantiates the hydrocarbon potential in this block. RIL is currently evaluating the commerciality of this discovery.

Sourced From: Reliance Industries Limited

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