“This is a significant gas and condensate (oil) discovery in the KG D6 block off the eastern coast of India and is situated 2000 meters further below the already producing D1 and D3 gas fields,” a senior RIL official told HT.
An RIL statement said the discovery has been named D-55 and has been notified to the government. The well flowed 30.6 million standard cubic feet per day of gas during testing.
Simply put, the rate at which the well flowed gas and liquid suggests that the discovery is a major one.
Although RIL-BP-Niko did not put any reserves to the discovery, industry sources said this D-55 gas discovery may possibly be the largest single discovery in the country. There are in all 18 gas finds already been notified by RIL in the KG-D6 block of which D1 and D3 are the largest.
“We shall embark on the appraisal program in the next few months to evaluate the options for developing this discovery,” said PMS Prasad, Executive Director and director on board RIL.
“This is a great example where BP, Reliance and the Indian government have worked together as a partnership to make this possible…we brought our process and discipline to explore this prospect in the deep water basin in India,” said Sashi Mukundan, Country Head, BP India.