Some analysts expect that the new gas finds of Reliance Industries (RIL) in the KG-D6 block may raise the production of natural gas from the asset. RIL has recently announced a major gas find more than 4 km below the sea bed and 2 km directly underneath the currently producing D1&D3 field in the Krishna Godavari basin KG-D6 block off the east coast.
According to Bernstein Research, the first test of deep syn-rift Mesozoic sediments within the KG-D6 block has yielded what could be one of the largest (2 trillion cu ft) gas discoveries offshore India for several years. Stating that the find opens up a new liquid-rich gas condensate play offshore India, it said independent estimates put the Cretaceous section of KG-D6 block may hold 9 tcf of gas and 1.2 billion barrels of in-place oil reserves.
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