RIL-BP to quadruple KG-D6 output to 50 mmscmd by 2020.

Having reversed the falling output at KG-D6, Reliance Industries and its partner BP plc will quadruple production at the eastern offshore fields to around 40-45 million standard cubic meters per day by 2020.

With addition of a well this month jacking up output by 2.5 mmscmd to 13.7 mmscmd, RIL-BP is repairing shut wells that will help further raise output to 16 mmscmd.

'At the end of 2013 we were producing around 11 mmscmd of gas (from KG-D6). With the (well) interventions that we are doing right now and also the fact that the oilfield (the block) which is producing most of its oil and now we are getting ready to blow down the gas in that. All this together, we hope to at least increase the production by another 50 per cent (to about 16 mmscmd),' BP India head Sashi Mukundan said.

He said new fields in the KG-D6 blocks will start coming on stream from 2018 and 'we get all the right support and approvals from the government then we hope to quadruple our production by 2020.'


ET