Partners agree to pull out of K-G license offshore India

Offshore staff

LONDON – Hardy Oil and Gas has agreed to relinquish exploration license KG-DWN-2001/1 (D9) in the Krishna Godavari basin off eastern India.

Operator Reliance Industries proposed the move after integrating all geo-scientific data and results of the three exploration wells, including the KG-D9-A2 gas discovery. Reliance felt that the block’s hydrocarbon potential was low and further exploration or appraisal was unwarranted. Hardy has a 10% interest in the D9 block.

The company’s now plans to focus on the D3 exploration license in the same basin, where it is a partner to Reliance and BP.


Did You Like this Article? Get All the Energy Industry News Delivered to Your Inbox

Subscribe to an email newsletter today at no cost and receive the latest news and information.

 Subscribe Now


Maximizing Operational Excellence

In a recent survey conducted by PennEnergy Research, 70% of surveyed energy industry professional...

Leveraging the Power of Information in the Energy Industry

Information Governance is about more than compliance. It’s about using your information to drive ...

Reduce Engineering Project Complexity

Engineering document management presents unique and complex challenges. A solution based in Enter...

Revolutionizing Asset Management in the Electric Power Industry

With the arrival of the Industrial Internet of Things, data is growing and becoming more accessib...