Capacity of KG D6 oil and gas field
India's current hydrocarbon oil and gas production is 1.3 million barrels of oil equivalent per day (boepd). An initial flow of 5,000 barrels per day is expected to go up to 5,50,000 barrels of oil equivalent over the next six quarters
Utility value of this find for households
5,50,000 barrels per day of hydrocarbons can pump cooking gas to 100-120 million households.
Time taken for Reliance to produce gas from KG-D6
27 months. 2,000 engineers, technical and management personnel worked on the project coming up off the East Coast and on-shore in Kakinada, Andhra Pradesh.
What it means for Reliance shareholders
Announcement would put RIL among the top 20 energy companies in the world. According to analysts, the news is expected to provide an upside to the RIL stock.