Reliance Industries Ltd.

Reliance Industries is likely to hit peak output of 80 million standard cubic meters per day from its eastern offshore KG-D6 fields in 2012-13 fiscal. The KG-D6 fields have helped double the natural gas availability in the country but have for the past few months seen a sharp dip. Production fell from 60 mmscmd achieved in mid-2010 to 52-53 mmscmd currently.

The approved field development plan for Dhirubhai-1 and 3 (first two of nearly a dozen gas finds in the KG-D6 block that have been put on production) envisages gas production to the tune of 80 mmscmd from the third year of commercial production.

Gas production from KG-D6 began on April 1, 2009. The current gas production from the KG-D6 field is about 53 mmscmd, of which about 45 mmscmd is being produced from D1 and D3 fields and about 8 mmscmd from the MA oilfield. The gas output from KG-D6 has helped the nation's natural gas production jump 12.80% to 53.59 billion cubic meters in 2010-11 as against 47.51 bcm in 2009-10.