Oil India Discovers Natural Gas in Matsyapuri Formation of Krishna-Godavari Basin

Key facts

• Oil India Limited (OIL), a Maharatna Central Public Sector Enterprise, discovered natural gas in the previously unappraised Matsyapuri formation of the Krishna-Godavari Basin.
• The discovery was made in the shallow offshore block KG-DSF/GSKW/2018, awarded to Oil India as sole operator under the Discovered Small Field framework.
• The appraisal well Godavari-1 encountered hydrocarbons in a selected pay zone at a depth of 2,024 to 2,027 metres.
• Production testing began on 16 October 2026, with gas flowing at about 1 lakh standard cubic metres per day and a maximum of 2 lakh standard cubic metres per day during continuous testing.
• Condensate flow of around 170 barrels per day with API gravity of 55.8 at 60°F and a wellhead pressure of 1,815 psi was reported.
• Oil India is preparing to test the next higher zone in the well, with additional appraisal and technical evaluation needed to establish commercial significance.