RIL's gas prod form KG D6 down to 29 mmscmd on low offtake
Reliance Industries' gas production from its KG D6 field has fallen to about 29 million metric standard cubic meters per day from 32 mmscmd due to poor offtake from power plants.business Updated: Jul 17, 2009 23:15 IST
Reliance Industries' gas production from its KG D6 field has fallen to about 29 million metric standard cubic meters per day from 32 mmscmd due to poor offtake from power plants.
The regulator DGH, in a status report on KG D6 gas said, "So far the total eight well have put on production. These eight wells have maximum production potential of about 50-52 mmscmd and the wells being produced at lower rate to match the present offtake of gas."
DGH said the gas production from KG D6 achieved so far was 36 mmscmd from eight wells.
"However, present production has been restricted to about 29 mmscmd due to less offtake owing to tripping and reduced nominations by few power plants during monsoon."
Gas production potential is likely to increase further to 80 mmscmd after nine other completed wells are put on production by the end August, DGH said.
RIL had projected sales of about 35 mmscmd in the third week of July and 36.5 mmscmd by end of July in view of likelihood of commencement of gas offtake by few more power plants.
RIL has so far signed contracts with 15 fertiliser plant for 14.96 mmscmd gas and with 19 power plants for 25.07 mmscmd. Besides, 3.31 mmscmd gas has been committed to steel plants.