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RIL-BP JV completes safe cessation of production from D1 D3 field in Block KG D6

04 Feb 2020 Evaluate

Reliance Industries (RIL) and British energy giant BP plc (BP) joint venture (JV) has completed the safe cessation of production in a planned manner, from the D1 D3 field in Block KG D6 (KG-DWN-98/3), off the east coast of India. The D1 D3 field was India’s first deepwater gas field to be put on production in April 2009.

The RIL-BP joint venture has successfully worked to extend the life of production from the D1 D3 Field which otherwise would have ceased production in 2015 due to issues of reservoir pressure and water ingress. Through innovation and application of first-of-theirkind solutions, the field’s life was extended for almost five years, to February 2020, maximizing the recovery from the field.

The first-gas from these fields is expected in mid-2020. The peak production from these three fields is expected to reach 1 BCFe per day which is about 15% of the then envisaged India’s demand.

Reliance Industries is India’s largest private sector company. The company’s activities span hydrocarbon exploration and production, petroleum refining and marketing, petrochemicals, retail and 4G digital services.

Reliance Industries Share Price

1327.85 20.75 (1.59%)
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Company Name CMP
Reliance Industries 1327.85
Indian Oil Corp. 145.10
BPCL 311.80
HPCL 401.35
MRPL 165.45
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