Reliance Discovers Oil In Cambay Basin By: Hardik Patel | - Mukesh Ambani controlled Reliance Industries (RIL) said it has made its first on-land oil discovery in the Cambay basin, around 130 km from Ahmedabad. The company said this is the first on-land oil discovery in the block and its commercial viability is being assessed. Five wells had been drilled in the area, and the fifth well flowed at a rate of 500 barrels of oil per day (bopd), Reliance said on Tuesday.
"This discovery is expected to open future potential within the block," ... Tags:Reliane, Relaince Industries, Reliance Group