KG basin
Krishna Godavari well drilling back on track
LONDON — Reliance Industries has resumed drilling of the KGV-D3-W1 exploration well on the KG-DWN-2003/1 (D3) license in the Krishna Godavarai basin offshore eastern India.
The Transocean rig Frontier 534 is drilling the well in a water depth of 1,653 m (5,423 ft), according to partner Hardy Oil & Gas. The target depth of the [...]
Gas sales to lift Reliance results, M&A key
India’s leading listed conglomerate, controlled by billionaire Mukesh Ambani, has been scouting for acquisitions overseas, and progress on that front will determine its outlook. Reliance, valued at $78 billion, recently said it would pay $1.7 billion to form a joint venture at one of the most promising natural gas deposit regions in the United States [...]
RIL makes 4 new gas discoveries at KG D6
Mukesh Ambani – led Reliance Industries has informed oil regulator DGH that four smaller gas finds surrounding the D-1 and D-3 fields in the Krishna-Godavari basin can be commercially exploited.
RIL on February 19 informed the oil regulator Directorate General of Hydrocarbons (DGH) that four smaller gas finds, surrounding the D-1 and D-3 fields, which are [...]
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