Hardy Oil and Gas has made its fourth successive gas discovery in the exploration block KG-DWN-2003 / 1 (D3) of NELP-V in the Krishna-Godavari basin, India.
The fourth exploration well in the block, KGV-D3-W1, was drilled to a total depth of 3,501m at a water depth of 1,653m and encountered a gross gas pay zone of 37.5m in Pliocene aged sands.
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The potential of the pay was evaluated and gas samples were collected, with further data gathering and analysis needed to ascertain the commercial viability of the discovery.
Hardy owns a 10% participating interest in the D3 licence, which is operated by Reliance and covers an area of about 3,288km².
