Reliance Industries announced “a rich gas and condensate discovery” in the very first well drilled in the block located in deepwater Cauvery-Palar basin.

The block, with an area of about 8,600 sq. km was awarded to Reliance under NELP-III. It currently holds 100 per cent participating interest in this block.

This is one of the 23 exploration blocks where BP Exploration (Alpha) Limited would have a 30 per cent participating interest, subject to Government approval.

The discovery well, CYPR-D6-SA1, is located in a water depth of 1,194 metres and was drilled to a target depth of 3,815 metres and terminated in crystalline basement.

The presence of rich gas and condensate has been confirmed by several tests including modular dynamic testing (MDT) and drill stem testing (DST), the company said in a release.

During DST, the well produced 37 million standard cubic feet of gas and 1,100 barrels of condensate per day through a 56/64 inch choke size from the main zone that has a gross thickness of about 70m (230 feet).