Hey as per your demand here I am providing you details of ONGC KG Basin Exploration

About KG Basin
Krishna-Godavari Basin is a peri-cratonic passive margin basin in India.
It is spread across more than 50,000 square kilometres in the Krishna River and Godavari River basins in Andhra Pradesh.
The site is known for the D-6 block where Reliance Industries discovered the biggest natural gas reserves in India in 2002

Ecology
The basin is home to Olive Ridley turtles, a Vulnerable species

Projects
KG-DWN-98/1 (KG-D6) - 8100 km2. The total project is expected to cost $100 billion50 km off the coast of Kakinada.

Shareholding
Promoter – Government of India 68.94%
Government Companies 10.09%
Banks, Financial Inst. & Insurance companies 9.69%
Foreign Institutional Investors (FII) 6.27%
Private Corporate Bodies 1.83%
Individual shareholders 1.65%
Mutual Funds and UTI 1.13%
NRI/Employees 0.11%
Total 100.00%

Gas pricing
The earlier price of 4.2 US$ per mmbtu on gross calorific value (GCV) basis is calculated already at maximum price cap of Brent crude (US$60/bbl) under the applicable formula linking the price of gas per mmbtu (GP) to the price of oil:
GP = 2.5 + (OP – 25) ^0.15