Oil India (OIL) received approval from the union Ministry of Environment and Forests ( MoEF) for its proposed exploration activities in KG-ONN-2004/1 block in the Krishna-Godavari basin.
According to a letter from the union ministry, OIL has been allowed to conduct prospecting exploration activities over an extent of 55 sq km of forest land in the block subject to certain conditions.
The ministry imposed a condition that the activities within the forest land for prospecting shall not result in felling of any tree. Further, the samples collected during the prospecting shall be used purely for investigation purposes and shall in no case be used for trade or commerce purpose, the ministry said in its order.
The block has a total area of 511 sq km of land and it is located at Kakinada division in East Godavari district of Andhra Pradesh.
A global Expression of Interest (EOI) has been invited by OIL, along with its partner GeoGlobal Resources,
Barbados from interested contractors with relevant experience for its exploratory drilling campaign in the block for provision of various services. The joint venture would drill 12 exploratory wells in the 549 sq km block area.
Under New Exploration Licensing Policy (NELP) round VI, union oil ministry awarded the block to a consortium of Oil India (OIL) and GeoGlobal Resources (GGR: Barbados).