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The
11,605 km2 block
is located in the KG basin |
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Water
depths vary from 2,300 to 3,100 m |
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PSC
awarded to Reliance and Hardy Consortium in February 2003 |
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Important
oil & gas discoveries in adjacent D6 block
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Hardy
holds a 10% interest with Reliance holding 90%
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Drilling
programme expected to start in the latter part of 2008 at
the earliest (Water depths +2,000 m)
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Drilling
locations targeting stacked sands in the Miocene, Oligocene,
and Pliocene. Interpretation of Cretaceous potential ongoing
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In August 2002, Reliance and HEPI bid
for 15 licences in the NELP-III licence bidding round. The consortium
was successful in being awarded 9 exploration licences. HEPI
has retained an interest in the D9 licence, a deepwater lock
in the Krishna Godavari Basin, and has reassigned the remainder
to Reliance. The retained licence is considered as having high
potential as it is situated adjacent to the prolific Dhirubhai
field discovered and operated by Reliance.
The licence encompasses 11,605 km2
in the Bay of Bengal where water depths vary from 2,300 m to
3,100 m.
The joint venture has acquired over 4,188
km2 of 3D seismic data including infill, and subsequently leads
at Upper Miocene, Middle Miocene, Oligocene and Cretaceous have
been identified. These leads are aerially large structural
closures located toward the relatively shallow north western
corner of the concession, for which GIIP of multi TCF has been
computed by the operator. A fourth lead is a Pleistocene channel
in the south eastern part of the block, which is in ultra deep
water with a prognosticated GIIP of a similar order of magnitude
to the other leads.
Initial exploration will be focused upon amplitude anomalies
within structural closure in the Miocene and Pliocene. There are
many seismic anomalies within the block and, given its proximity
to D6, exploration potential of this large block is regarded
with considerable optimism.
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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D9 |
10 |
90 |
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