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regular-article-logo Sunday, 29 December 2024

Reliance plans to start production from R-Series fields in KG Basin

The company in an investor presentation said it is working on three projects in the Krishna Godavari basin KG-D6 block

Our Special Correspondent Published 04.11.20, 03:08 AM
“All wells (have been) drilled, completed, tested and connected; sub-sea installation and testing work completed,” RIL said in an investor presentation after announcing second-quarter earnings.

“All wells (have been) drilled, completed, tested and connected; sub-sea installation and testing work completed,” RIL said in an investor presentation after announcing second-quarter earnings. Shutterstock

Reliance Industries plans to start production from the R-Series fields in KG Basin before the end of December. The fields are expected to have a peak output of around 28 million standard cubic metres per day by 2023-24 when all three projects will be up and running.

The company in an investor presentation said Reliance is working on three projects in the Krishna Godavari basin KG-D6 block, where production from older fields stopped in February this year. R-Series will be the first of the three fields to go live.

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“All wells (have been) drilled, completed, tested and connected; sub-sea installation and testing work completed,” RIL said in an investor presentation after announcing second-quarter earnings. Balance works on control and riser platforms are currently underway and “pre-commissioning and commissioning is expected in the third quarter of 2020-21”, it said.

Sources said the gas from the R-Series field was expected in June but the Covid-19 lockdown disrupted the supply chain.

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