Reliance Industries , British Petroleum Together Discovered New Gas Condensate Near Cauvery Basin
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RIL, BP discover gas condensate in Cauvery basin

7:29 AM, 23rd August 2013
Reliance Industries Petroleum Business news

MUMBAI, INDIA: Reliance Industries Limited (RIL) and British Petroleum (BP) have announced a new gas condensate discovery off the east coast of India in the Cauvery basin. The discovery, in the deepwater block CY-DWN-2001/2 (CYD5), is situated 62 kilometre from the coast in the Cauvery Basin and is the second gas discovery in the block. RIL is the operator with 70 per cent equity and BP has a 30 per cent share.

The well CYIIID5-S1 was drilled in a water depth of 1,743 metre, to a total depth of 5,731 metre, with the primary objective of exploring Mesozoic-aged reservoirs. The Government of India (GoI) and Directorate General of Hydrocarbons have been notified of the discovery, named D-56.

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