Oil India Discovers Natural Gas In Untapped Krishna-Godavari Offshore Formation

State-owned Oil India Limited (OIL) has announced a natural gas discovery in the shallow-water Krishna-Godavari Basin off India’s east coast, marking a potentially significant addition to the country’s domestic energy resources.The discovery was made at the Godavari-1 appraisal well in the Matsyapuri formation, a geological zone that had not previously been explored. According to the company,
State-owned Oil India Limited (OIL) has announced a natural gas discovery in the shallow-water Krishna-Godavari Basin off India’s east coast, marking a potentially significant addition to the country’s domestic energy resources.The discovery was made at the Godavari-1 appraisal well in the Matsyapuri formation, a geological zone that had not previously been explored. According to the company,
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