Vedanta to appraise oil discovery in India

Vedanta Ltd.’s oil and gas unit plans to appraise an oil discovery in its H-2 well in the Krishna-Godavari basin on India’s East Coast.

The well, on Block KG-OSN-2009/3, encountered multiple reservoir zones in a Mesozoic sequence at 3,310-4,026 m with hydrocarbon indications during drilling and downhole logging.

A zone at 3,403-3,431 m flowed oil to surface during a drillstem test.

The first exploration well on the block, A3-2, was a gas discovery.