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KG-DWN-98/2 ( yet to decide ) |
Deep- Water Exploration Block in KG Basin( KG-DWN-98/2)
- Deep water Exploration block in Krishna Godavari Basin offered under 1st NELP
Round in 1999.
- Perodril involved in preparation of bid and award of project to Cairn Energy.
- Bid submitted in Q4 1999, PSC signed on April 12, 2000.
- 1500 Sq. Km 3D seismic survey started on April 14, 2000, And completed on June
30, 2000.
- 1st Deep-Water well beyond 1000 meters of water depth drilled in the block.
- Four Hydrocarbon discoveries announced by Cairn Energy within 18 months of
award of licence.
- First major new field discovery under NELP named 'Annapurna' on July 5, 2001.
- Two new oil fields discovered-named 'Padmavati' and 'Kanaka Durga' on December 7,
2001.
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