RIL to begin gas production from D6 by Nov-end
Reliance Industries will begin production of gas from its prolific DG block by November end, with an initial output of 15 million standard cubic metres a day.Updated: Sep 17, 2008, 12:36 IST
Reliance Industries will begin production of gas from its prolific DG block by November end, with an initial output of 15 million standard cubic metres a day.
The Mukesh Ambani-run company will also start oil production from the block by the end of this month and the output is estimated at 15,000 barrels per day, Directorate General of Hydrocarbon chief V K Sibal said in New Delhi.
He said the gas production output is estimated to be ramped up to 40 million standard cubic metres per day three months from the initial production date.
Petroleum Secretary R S Pandey had earlier that the company would begin gas production by October-end. Although the company too had initially said that it planned to begin production from D6 in the third quarter of 2008, it later stated that it actually meant the third quarter of 2008-09 fiscal.
Petroleum Minister Murli Deora and his deputy Dinsha Patel had told Parliament on several occasions that Reliance will begin gas production from D6 in July 2008.
Mukesh Ambani-run RIL currently owns 90 per cent stake in D6 where 18 oil and gas discoveries have been reported till date. The remaining is with Niko Resources of Canada.