In a bid to produce oil and gas from Krishna Godavari basin, State-owned Oil and Natural Gas Corp (ONGC) will invest over $9 billion. The company has made 11 oil and gas discoveries in the Block KG-DWN-98/2, which sits next to Reliance Industries’ KG-D6 Block and Gujarat State Petroleum Corp’s Deendayal gas field.
The block is divided into a Northern Discovery Area (NDA) and Southern Discovery Area (SDA).
NDA holds around 92.30 million tons of oil reserves and 97.568 billion cubic meters of inplace gas reserves spread over seven fields. The NDA comprises discoveries like Padmawati, Kanadurga, D, E, U, A, while the ultra deepsea UD find lies in SDA.
The block is divided into a Northern Discovery Area (NDA) and Southern Discovery Area (SDA).
NDA holds around 92.30 million tons of oil reserves and 97.568 billion cubic meters of inplace gas reserves spread over seven fields. The NDA comprises discoveries like Padmawati, Kanadurga, D, E, U, A, while the ultra deepsea UD find lies in SDA.
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