India, Oct. 23 -- Oil India Limited (OIL), a Maharatna Central Public Sector Enterprise operating across the oil and gas value chain, has reported a significant natural gas discovery in the Matsyapuri formation of the Krishna-Godavari (KG) Basin. The discovery was made in the shallow offshore block KG-DSF/GSKW/2018, awarded to the company as the 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. The discovery is notable because the Matsyapuri formation had not previously been appraised, according to the company's announcement.

Production testing of the zone began on 16 October 2026. The well flowed natural gas to ...