Source: Hardy Oil and Gas
Hardy Oil and Gas plc (LON: HDY) announced that drilling has recommenced on the KGV-D3-W1 exploration well at the KG-DWN-2003/1 (D3) license offshore India.
The KGV-D3-W1 exploration well recommenced drilling on August 10, 2010 using the Transocean rig Frontier 534 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 MD.
The KGV-D3-W1 well, was spud on April 2, 2010, using the Transocean rig the Deepwater Expedition. The well was suspended at the end of May, at a depth of 2,608 meters MD, due to an unresolved problem with the Deepwater Expedition’s BOP control system.
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. Hardy holds a 10 percent participating interest in the block, with Reliance Industries Limited holding 90 percent as operator.