As Reliance Industries and its partner BP plc of the UK are working together, they may have been able to arrest the steep decline in output from their main gas field in the eastern offshore KG-D6 fields. Sources in the Union Oil Ministry said that it was anticipated that the production from KG-D6 will drop to about 11 million standard cubic meters per day by October but that is not happening. The output is around 13.4 mmscmd and is unlikely to drop below 13 mmscmd, the sources added.
Tag: Union Oil Ministry
Post
Post
Govt to allow Cairn India to explore Rajasthan oilfields
Cairn India is to be allowed to further explore Rajasthan oilfields, a decision that could raise the block's output by over 70 per cent. It is said that the Union Oil Ministry has decided to this extent.
Post
Govt to seek legal opinion on RIL, Cairn India pleas
The opinion of Solicitor General of India may sought by the Union Oil Ministry on whether Reliance Industries and Cairn India can be permitted to drill exploration wells in already producing oil and gas fields.