Achanta block has been awarded to PFH OIL & GAS PL by Govt of India during marginal field DSF – 2016 round. The total allocated area of the block is 9.63 sq.km. This block was explored by ONGC in year 1993.
ONGC has drilled one well during exploration phase named as “Achanta – 1”in year 1993.
Achanta -1 was drilled to explore the upper cretaceous formation, palaeocene, Palakollu sand.