Reliance Industries' gas find in a new Krishna Godavari basin block off the east coast has been assessed to be commercially viable for producing gas.
RIL on Monday submitted a commerciality report for the Dhirubhai-39 discovery in block KG-DWN-2003/1, about 50 km off Machilipatnam in Andhra Pradesh, to the oil ministry and the directorate general of hydrocarbons.
A company official said the well KG-V-D3-A1 flowed 38.1 million cubic feet per day of gas and the find was later named Dhirubhai-39.
"We have stated that the discovery is potentially commercially viable for development and an appraisal plan will be submitted within 60 days," he said.
The block, awarded to RIL in the fifth round of auction under the New Exploration Licensing Policy, is in the same region as the prolific KG-D6 block, from where it plans to start producing 40
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