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Output from RIL’s KG basin falls to 21 mmscmd

Output from RIL’s KG basin falls to 21 mmscmd
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Reports suggest that natural gas output from D1, D3 and MA fields in Reliance Industries’ (RIL) Krishna-Godavari basin stands at about 21 mmscmd after hitting a peak of 60 mmscmd in end-2009.

Officials who are in the knowhow of the issue feel that the output may decline further. In the absence of new discoveries, output from the block cannot be improved beyond 40-50 million standard cubic metre a day (mmscmd), reports suggest.

RIL had said the facility for producing 80 mmscmd was so designed that future facilities could be integrated with it to deliver 120 mmscmd natural gas. Earlier, Reliance and its partners in the block — BP and Niko Resources — were looking at producing 80 mmscmd from D1 and D3 fields alone and the remaining was to come from other discoveries in the block taking the total to 120 mmscmd.

It is learnt that output may rise by a maximum of 30 mmscmd if the newer finds — the four satellite fields coupled with R-Series discovered in the D6 block — go on stream. RIL is targeting 2015-16 to bring the satellite discoveries on stream.

Reliance and its partners are also optimistic about the MJ1 discovery in one part of the producing gas fields (D1 and D3). They feel that MJ1 could have significant gas reserves and if mandatory approvals are attained, then it can add to the output.

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