RIL's KG-D6 Output May Drop to All Time Low

Reliance Industries has said that natural gas production at its KG-D6 fields may drop to an all time low of about 22 million cubic meters a day by 2013-14.

The company has projected an output of 27.60 mmcmd from the block in 2012-13 as against current production of 34.5 mmcmd. The output will further drop to 22.60 mmcmd in 2013-14. This will be the lowest production level since RIL began production from KG-D6 block in April 2009.

The output from KG-D6 is short of the 70.39 mmcmd (61.88 mmcmd from D1&D3 and 8.5 mmcmd from MA field) level envisaged by now as per the field development plan approved in 2006. Production was to touch 80 mmcmd by April, 2012 after all the 31 wells envisaged in the development plan are drilled and brought to production.