According to Directorate General of Hydrocarbons, Gujarat State Petroleum Corporation's gas discovery in the Krishna Godavari basin off the Andhra coast holds 3.61 trillion cubic feet of gas reserves.

The original gas in place for the five identified layers considering the lowest known gas (LKG) is estimated to be about 0.912-3.611 tcf when considered at maximum closure.

GSPC in 2005, claimed to have struck 20 tcf of gas reserves in the KG8 well (third well), named Deen Dayal, in the shallow water block KG-OSN-2001/3. KG8 was drilled to a depth of 5,061 meters at a water depth of 60 meters.

The fourth well, KG17, has been drilled up to the depth of 5,801 metres and is currently under production testing. The two wells drilled earlier -  KG1 and KG11 was dry and abandoned.

GSPC is to drill 14 wells in Phase I of the exploration programme for the block. 

Also See:

GSPC strikes oil, gas in KG basin (08-Jun-06)