Good results from Reliance well

Vol 13, PW 22 (22 Apr 10) News in Brief

Reliance is testing an exploration well drilled by ‘new build’ drillship DD-KG2 at NELP-III block CY-DWN-2001/2, amid reports that it has again struck gas.

PETROWATCH learns around mid-April Schlumberger began testing well CY-III-D5-M1 in the Cauvery basin block, which was drilled by DD-KG2 to 6000 metres TD. “Reliance has opted for a MDT (Modular Dynamic Test) at the well,” confirms a source on April 12.

First reports indicate Reliance has “struck” gas in the block, where it holds 100%. “Reliance will send all information to the DGH when testing is completed,” adds a source.

Others confirm the encouraging news. “Reliance would do a MDT only if the well holds promise,” we hear.

If true this would be the second discovery at the block. On July 17, 2007, Reliance reported an oil and gas discovery in well CY-III-D5-A1 after drilling to TD of 4081 meters in water depths of 1185 metres, recording flow rates of 31m cf/d oil and 1200 b/d gas from one zone.