Project Profile
Value: U$1.2 billion
Location: East Coast of India in Kakinada district of Andhra Pradesh.
Start-up Year: 2013
Water Depth: 109m/360 ft
Area: 510 km2
Reserves - 1 tcf (November 2016 report)
Deen Dayal (DD) is located in the Krishna-Godavari (KG) Basin offshore of the east coast of the state of Andhra Pradesh in South Eastern India. The block currently covers 510km2 (including 17 km2 of Mining Lease of Deen Dayal West DDW area). KG was awarded under the third NELP bid round held by the GoI in 2003. A 78 month PEL was granted by the MoPNG in March 2003.
Gas was discovered in Deen Dayal in June 2005 with the drilling of the KG-08 exploration well in what would become the Deen Dayal West field. To date, within the license area, eight structural stratigraphic features have been found to be hydrocarbon bearing. Dry holes have been discovered to the north of the Deen Dayal discovery area and this non-productive area has subsequently been relinquished.
In addition to the DD West field, several discoveries in other areas with significant hydrocarbon resource base have been made. Appraisal programs for DD East, DD North, DDW-Down Thrown and DDNE-BRU (a total of 493 sq km) have been approved by the management committee. Appraisal drilling is set to be completed by September 2012 with the submission of the DOC to follow. First gas from Deen Dayal is expected in 2013.
ONGC bought Gujarat State Petroleum Corp’s 80% stake in Deen Dayal in December 2016, with the remaining 20% interest split between GeoGlobal Resources and Jubilant Offshore Drilling Pvt Ltd.
Operators:
ONGC: Operator with 80% interest
Evenly split 20% participating interest:
GeoGlobal Resources
Jubilant Offshore Drilling Pvt. Ltd