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The 3,288
km2 block is located
in the KG basin |
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10% interest
in the KG-DWN-2003/1 (D3) deepwater exploration block in
the Krishna-Godavari Basin |
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JV partner
with Reliance Industries (90%) |
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Committed
to seismic acquisition and drilling of 6 wells in Phase
1 |
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In August 2005, Reliance and HEPI were
awarded, under NELP V, a second licence in the deepwater Krishna
Godavari Basin. The D3 licence encompasses an area of 3,288
km2, in water depths of 400 m to 2,100 m. Reliance is the Operator.
The licence had approximately
410 km2 of existing 3D seismic data, which has been reprocessed.
In addition Reliance has acquired approximately 2,000 km2 of
additional 3D seismic data (phase I), which is currently being
processed and interpreted. The Operator plans to acquire an
additional 1,000 km2 in the fourth quarter of 2008 (phase II).
Upon completion, the entire licence will be covered by 3D seismic.
The participating interests
(per cent.) for this licence are as follows:
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Participating Interests
(%) |
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AREA |
HEPI |
RELIANCE |
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KG-DWN-2003/1 (D3) |
10 |
90 |
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