Oil and Gas Sector – HELP, Open Acreage Policy, etc.

India’s First Oil Production in Krishna-Godavari Basin

Note4Students

From UPSC perspective, the following things are important :

Prelims level: Krishna-Godavari Basin

Mains level: Read the attached story

Krishna-Godavari Basin

Introduction

  • Oil and Natural Gas Corporation (ONGC) commenced its ‘first oil production’ from the deep-water block in the Krishna Godavari (KG) basin off the Bay of Bengal on the Kakinada coast.

First Crude Oil Production: Significance

  • Location: The oil extraction is taking place 30 kilometres off the coast of Kakinada, in the Krishna Godavari basin.
  • Initial Production Phase: Currently, four out of 26 wells are operational.
  • Production Forecast: By May or June, the production is expected to reach 45,000 barrels per day, accounting for 7% of India’s total crude oil production.
  • Gas Production Outlook: Alongside oil, the project also anticipates contributing significantly to India’s gas output.

About Krishna-Godavari Basin and its Natural Resources

Details
Location Eastern coast of India
Geological Setting Rift basin formed during the Mesozoic era
Sedimentary Fill Primarily composed of sedimentary rocks
Tectonic Evolution Went through phases of rifting, subsidence, and sedimentation
Stratigraphy Includes Krishna Formation, Godavari Formation, Cauvery Formation, and more
Source Rocks Organic-rich shales and mudstones
Reservoir Rocks Typically sandstones and limestone formations
Trap Structures Anticlines, fault traps, stratigraphic pinch-outs, and more
Major Discoveries KG-D6 Block (Dhirubhai-1 and Dhirubhai-3 fields)
Exploration and Production Companies like Reliance Industries, ONGC, GAIL, and others are active
Land Size Approximately 15,000 square kilometers
Geomorphological Units Upland plains, coastal plains, recent flood plains, and delta plains
Notable Gas Discovery ONGC made the first gas finding in 1983 in the D-6 block, noted for India’s largest natural gas reserves

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