The Hindu Business Line : Reliance reports gas find in two blocks

Mumbai May 15 Reliance Industries on Tuesday said it has discovered natural gas in two blocks, one off the east coast of India in the Krishna-Godavari basin, and the other in the west coast, in the Gujarat-Saurashtra basin.

"These recent discoveries demonstrate the further upside potential of the blocks in the Krishna-Godavari and opens up a new corridor in the Gujarat-Saurashtra basin for future exploration," said a statement from the company.

On the east coast, the new discovery, named Dhirubhai 34, is the 18th in the KG D6 block — the same in which the world's largest gas find of 2002 was made by RIL.

It is the 23rd well drilled in the block, and also RIL's 50th exploratory well. It is in the deepest location drilled to date, at 4,860 metres, said a statement from the company.

This block has been awarded to a consortium of RIL (90 per cent) and NIKO (10 per cent).

The joint venture is currently developing the deepwater gas production facility for the Dhirubhai 1 and 3 fields targeting production in the second half of 2008.

The west coast discovery was in block GS-OSN-2000/1. The well, called GS01 B1, was the 51st exploratory well drilled by the company and has a depth of 2,282 metres. Named Dhirubhai 33, it is RIL's first discovery in the west coast reservoirs, said the company.

Under test conditions, this well produced gas at the rate of 18.6 million cubic ft a day together with 415 barrels of condensate a day, said the company.

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