RIL strikes gas at Cauvery basin
Reliance Industries Ltd (RIL) announced on Tuesday, in Mumbai, a major success in its very first well in the Cauvery deep-water basin in the east coast of India, reports DHNS from Mumbai. This is the first time a hydrocarbon discovery has been made in the Cauvery deep-water basin, said the company. The deep-water block CY-DWN-2001/2 (CY-III-D5) located in the Cauvery Basin, with an area of 14,325 square kilometres, was awarded to RIL under the bidding round of NELP III. This well was located in a water depth of 1185 meters and was drilled to a target depth of 4081 meters and terminated in the crystalline basement. The well encountered a clastic reservoir with gross hydrocarbon column of around 150 meters in Cretaceous section. The presence of oil and gas with condensate has been confirmed by several tests including Modular Dynamic Tester (MDT) and Drill-Stem Testing (DST).