[payal]

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Hello sir, is there any one can provide me here cost of ONGC for blocks in Krishna Godavari Basin? Give me information about the ONGC Blocks In Kg Basin?

[vikash]

The Krishna Godavari Basin is a peri-cratonic passive margin basin in India. It is spread across more than 50,000 square kilometres in the Krishna River and Godavari River basins in Andhra Pradesh.

The site is known for the D-6 block where Reliance Industries discovered the biggest natural gas reserves in India in 2003

The country’s largest oil and gas producer Oil and Natural Gas Corporation (ONGC) is completed the Rs 7,738-crore acquisition of an 80 per cent stake in Gujarat State Petroleum Corp’s (GSPC’s) KG basin gas block.

ONGC has carried out detailed geological mapping in the area covering 4220 sq. km since 1959 Geological map of Krishna Godavari Basin.

Gravity-Magnetic surveys, in onland part were carried out by ONGC over an area of 19,200 sq. km. In offshore area, M/s. Prakla Seismos and GSI acquired the gravity-magnetic data for ONGC. Composite Bouguer gravity and composite magnetic anomaly map

The ONGC in December agreed to buy the entire 80 per cent interest of GSPC along with operatorship rights, in Deen Dayal West (DDW) gas field in Block KG-OSN-2001/3 in the Bay of Bengal for $995.26 million (Rs 6,443 crore).

A gas discovery by ONGC in June 2009, which an anonymous company official said could have an estimated 10 trillion cubic feet (2.8×1011 m3)

The company plans to use GSPC field facilities to bring to production the discoveries in its neighbouring KG-DWN-98/2 block.

GSPC, with a debt of Rs 19,716.27 crore as on March 31, 2015, made 9 gas discoveries in the Bay of Bengal block.

Of these, three -- KG-08, KG-17, KG-15 commonly known as Deendayal West (DDW) fields - have been approved for development.

Tectonic History:

The geological history comprises of following stages:

Rift Stage
Syn Rift Stage
Drift Stage
Late Drift Stage

Source rich areas at different stratigraphic levels

Hydrocarbon Generation Centres in Cretaceous.
Hydrocarbon Generation Centres in Paleocene.
Hydrocarbon Generation Centres in Eocene.