In late May 2019 Oil & Natural Gas Corporation Limited (ONGC) announced through a media release, it has made a gas and condensate discovery within the Suryaraopeta West 1 (SUW AA) new-field wildcat well, located within the Malleswaram ML onshore block (Krishna-Godavari Basin). The well was reported to have flowed around 1.06 MMcfg/d with 40.8 bc/d (interpreted to be condensate) from an unreported Formation.     The well has been assumed to have been both spudded during 2018 late year and suspended during March 2019.      A TD has been estimated to be around 2,900 m from regional drilling activity.    Malleswaram ML covers an area of 232 sq km. It was awarded to ONGC with effect from 22 November 2011.  On 3 November 2018, ONGC reported in its results for Q2 FY2018-19, that it made a new prospect discovery at the Bantumilli North 2 exploratory well, within the Malleswaram ML.     The well reached TD at 3,620 m. During testing, an interval in the      Late Cretaceous Raghavapuram Formation flowed oil at 497 b/d, along with      42.535 Mcm/d (1.502 MMcf/d) of gas. ONGC also noted that the discovery had      already been monetised and that it had opened up the area south of the Suryaraopeta      field for further exploration.   ONGC discovered the nearby Suryaraopeta field in April 2000, with the Suryaraopeta 1 (SUAA) exploration well, which was drilled to a final TD of 2,600 m in late March 2000.     Suryaraopeta 1 was the first well drilled on the Suryaraopeta      structure, in the Bantumilli-Mahadevapatnam area. During testing, a sand      horizon between 2,372-2,374 m in the Cretaceous Raghavapuram Shale      Formation (Object IIA) was reported to have yielded 200 bo/d through a 6      mm choke, opening a new area for exploration.
Suryaraopeta West 1 (exploration well), Malleshwaram ML, Krishna-Godavari Basin- Gas & condensate disc. have flowed around 1.06 MMcfg/d with 40.8 bc/d (interpreted to be condensate) from an unreported Formation. 