Source: Hardy Oil & Gas
Hardy Oil and Gas commenced drilling an exploration well (KGV-D3-W1) on its KG-DWN-2003/1 (D3) exploration license offshore India.
This exploration well, which is the fifth exploration well on D3, was spud on April 2, 2010, using Transocean’s Deepwater Expedition drillship in a water depth of 1,653 meters. The target depth of the well, which aims to explore the hydrocarbon potential of Mio-Pliocene sands, is 3,514 meters MDRT.
As previously announced, three consecutive gas discoveries have been made on D3: Dhirubhai 39, 41 and 44. Due to a limited window of rig availability, the fourth well, G1, was pre-drilled to the 20" casing point and will be re-entered to drill to the target depth in the future.
The D3 license is located in the Krishna Godavari Basin on the East Coast of India and covers an area of approximately 3,288 square kilometers. The license terms require a minimum of six exploration wells to be drilled within the first exploration phase. The Company holds a 10 percent participating interest in the block, with Reliance Industries Limited holding 90 percent as operator.