Sizable finds begin to emerge from India's licensing efforts

A chain of significant discoveries, including in 2002 the world's largest hydrocarbon discovery for the year, has occurred in the past 2 years in India.This good fortune is partly the result of successive measures taken by the government and due to pioneering work carried out by the Directorate General of Hydrocarbons (DGH) under Ministry of Petroleum and Natural Gas (MOP&NG).The latest development in this trend was the discovery in November 2002 by Reliance Industries Ltd. (RIL) that established 12-14 tcf of gas on a corner of RIL's first deepwater block to be explored in the Krishna-Godavari basin off India's east coast.East coast deepwaterThe deepwater areas along the east ...

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