Mukesh Ambani led Reliance Industries has started drilling its fifth exploration well on the KG-V-D3 block off India. Drilling started on 2 April 2010 using the Transocean’s drillship Deepwater Expedition, partner Hardy Oil said in a statement.
The well aims to test Miocene and Pliocene sands and will be drilled to a target depth of 3514 metres. Three consecutive gas discoveries have been made in on D3: Dhirubhai-39, Dhirubhai-41 and Dhirubhai-44. Drilling on the fourth well, G1, was suspended due to limited rig availability but will resume at a later date, Hardy said.
The D3 block lies in the the Krishna Godavari basin off the east coast of India. The work commitment for the acreage includes the drilling of six exploration wells.
Reliance operates KG-V-D3 with a 90% interest. Hardy Oil holds the other 10%.
Source:http://www.upstreamonline.com/live/article211193.ece
Labels: Reliance, Reliance Group, Reliance Industries, RIL