With development activities in Reliance Industries' Krishna Godavari D6 block nearing an end, the company has shifted its attention to the nearby KG D9 block. After a two-year delay, the company has started drilling its first exploration well in the block off the Godavari basin in the
Out of the 22 wells planned at the KG D6 block, one of India's biggest hydrocarbon discoveries, RIL has already drilled 18, so more drilling rigs will be sent to D9 block. Drilling at the D9 block, which is estimated to have 11 trillion cubic feet of gas (as much as D6), was scheduled to begin in 2007, but was put off due to the scarcity of drilling rigs and heavy expenditure at D6. The D9 block, spread over 11,850 square km, is located at a depth of 2,300-3,100 meters under the sea. RIL had only one rig capable of drilling at such depths and had deployed it in KG D6, before the 'Deepwater Expedition' came around. The purpose of drilling initially will be to find out how much of the gas can be commercially recovered.
In addition to D6 and D9, RIL is also conducting exploration in the adjoining D3 block where it has drilled 3 wells. Results from the D9 well are expected to trickle in few months. Data, after interpretation by international experts, is submitted to the office of the Directorate General of Hydrocarbons under the ministry of petroleum and natural gas.
RIL has also made significant gas discoveries in the
| Company Name | CMP |
|---|---|
| Reliance Industries | 1248.60 |
| Indian Oil Corp. | 131.00 |
| BPCL | 286.70 |
| HPCL | 362.40 |
| MRPL | 136.80 |
| View more.. | |
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