Oil India finds natural gas in shallow Krishna-Godavari Basin

· Oil & Gas · India

State explorer Oil India Limited said Friday it found natural gas at the Godavari-1 appraisal well in the Matsyapuri formation of the Krishna-Godavari Basin, off India's east coast. The discovery lies in a previously unexplored formation in shallow waters, and the company said it augments India's hydrocarbon resources. The find adds to India's domestic exploration push as the country seeks to lift output from its offshore basins.

Why it matters：A new gas find by a state explorer supports India's effort to raise domestic hydrocarbon output and reduce import dependence, a theme shaping Asian upstream exploration.

Key points

  • The discovery is at the Godavari-1 appraisal well
  • It is in the Matsyapuri formation of the Krishna-Godavari Basin
  • The formation had not previously been explored

Sources (original reporting)

More stories from this day