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RIL revises development plan for KG-D6

A Business Correspondent

Reliance Industries Ltd has filed an amendment, to the initial development plan for the Deepwater Block KG-DWN-98/3 (KG-D6), with the Director General of Hydrocarbon for approval.
Based on the initial reserve estimates of the block, Reliance had prepared an Initial Development Plan for developing two discoveries, Dhirubhai 1 and Dhirubhai 3, in the block. The Initial Development Plan envisaged a production plateau of 40 mmscmd.
However, in view of the significantly higher hydrocarbon potential, the company has sought approval to increase in production rate from 40 mmscmd to 80 mmscmd and enhance facilities for production, collection, evacuation and handling of gas, both onshore and offshore. The revised estimate of capital expenditure for the enhanced production profile is around $5.2 billion


[06 November 2006]



 

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