Krishna Godavari Basin - Oil and Gas |
Krishna Godavari Basin
Krishna Godavari Basin - Oil and Gas
Oil & Gas in South India
Krishna-Godavari Basin in south India is a peri-cratonic passive margin basin in India. It is spread across over 50,000 square kilometres in the Krishna River and Godavari River basins in Andhra Pradesh. This site also known for the D-6 block and Reliance Industries pioneered the biggest natural gas reserves in India in 2002.Reliance Industries projects 14 trillion cubic feet of gas 6000 feet below the sea floor in KG-DWN-98/l (KG-D6) in 2006.
Gujarat State Petroleum Corporation in June 2005 reports 20 trillion cubic feet (5.7×1011 m3)cubic feet of gas.
Potentially 20 trillion cubic feet (5.7×1011 m3) of gas may be explore in D-3 and D-9 blocks, according to estimation of May 2011.
Another gas discovery by ONGC in June 2009, have an estimated 10 trillion cubic feet (2.8×1011 m3
The project KG-DWN-98/1 (KG-D6) of 8100sq km. is expected to cost $100 billion. which is 50 km off the Kakinada coast.
The KG Basin is home to a Vulnerable species of Olive Ridley turtles.