SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

RIL topples ONGC as largest gas producer

01 Dec 2009 Evaluate

Reliance Industries (RIL) has become the largest natural gas producer in the country with its over 50 million standard cubic metres per day (mscmd) output surpassing that of state-run Oil and Natural Gas Corp’s (ONGC). RIL’s gas production from its D6 fields in the Krishna Godavari basin touched 50.15 mscmd on Sunday, according to the regular output report RIL sent to the oil ministry.

 

This is the first time it has surpassed ONGC’s 49.6 mscmd output. KG D-6’s output has also helped the nation cross 100 mscmd of domestic gas production. Besides RIL and ONGC, about 16 mscmd is produced by BG Group-operated Panna-Mukta and Tapti fields.

 

RIL, which had begun gas production from KG D-6 on April 2, is targeting a peak output of over 80 mscmd from fields. The official said 22.84 mscmd of D6 gas is sold to power companies, 15.19 mscmd to fertiliser units and 5.05 mscmd to steel manufacturers. Refineries, including those of RIL, recently named as additional customers, are drawing about 5 mscmd.

 

State-run gas utility GAIL India is buying 1.8 mscmd of D6 gas for its LPG plants, while 0.28 mscmd is going to city gas companies for supply as CNG. The output will rise to 60 mscmd by the end of next month and to 65 mscmd in January. Peak output is expected in the second half of 2010. ONGC’s majority of gas production comes from its Bassein and Mumbai High fields. The two fields produce about 42 mscmd.

crackcrack

Reliance Industries Share Price

1314.55 -35.60 (-2.64%)
13-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
Reliance Industries 1314.55
Indian Oil Corp. 141.05
BPCL 292.65
HPCL 349.00
MRPL 170.90
View more..

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×