Home » RIL asked to clarify certain things in revised plan

RIL asked to clarify certain things in revised plan

RIL asked to clarify certain things in revised plan
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Minister of State for Petroleum & Natural Gas Panabaaka Lakshmi informed Rajya Sabha that the government sought clarifications from Reliance Industries (RIL) on the revised field development plan (RFDP).

It may be noted that the company submitted RFDP for D1 & D3 fields, the main gas producing fields in the eastern offshore KG-D6 block, with downward revision in reserves.

At present the only gas producing areas, among a total of 19 oil and gas discoveries made in KG-DWN-98/3 or KG-D6 block, are the Dhirubhai-1 and 3 (D1&D3) gas fields and D-26 MA oil and gas field.

It is learnt that the firm reduced investment in D1&D3 fields to $5.928 billion from $8.836 billion two-phase spending it had proposed in 2006.

The Mukesh Ambani-led firm also reduced the investment by $276 million to $1.96 billion for the MA field, in the revised plan. The RFDP for MA field has been approved.

The minister informed that as per the 2006 development plan, D1&D3 fields were to produce 61.88 million standard cubic metres per day (mn mscmd) from 22 wells in 2011-12 and 80 mmscmd from 31 wells in the year thereafter.

The average gas production from D1&D3 gas fields of KG-D6 block during 2012-13 was about 20.88 mn mscmd against the production target of 80 mn mscmd, she said. Gas production in April was about 15.89 mn mscmd.

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