Kg D6 Field

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  Reliance Industries, BP Start Second Gas Field In KG D6 Block

  Reliance Industries and BP have been working on three deep-water gas projects in block KG D6 - R Cluster, Satellite Cluster and MJ - which are expected to collectively produce natural gas worth around 30 mmscmd (1 billion cubic feet a day) by 2023

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  Reliance Industries, BP Start Production From R Cluster Project

  The ultra-deepwater gas projects are likely to account for almost 25 per cent of the country domestic production and will help to reduce the dependence on imported gas

• RIL-BP working to extend life of gas fields in KG-D6 block

  In May, RIL and its partners announced a significant gas and condensate discovery in the KG-D6 block. In August, RIL and BP announced a new gas condensate discovery in the deep water CYD5 block in the Cauvery basin, off the east coast.

• Government to ask Reliance Industries to give up 80% of D6 gas block

  No decision has yet been taken on the fate of the remaining three fields in the D6 block -- D29, D30 and D31 -- which are estimated to hold about 350 billion cubic feet of gas reserves, Mr Rae said.

• Reliance Industries shares fall 2.5% on Q1 earnings

  Refining revenue during the June quarter fell marginally to nearly Rs 81,600 crore, while revenue from petrochemicals was almost flat at Rs 21,950 crore. Other income, mainly treasury-related gains, accounted for 38 per cent of pretax profit for the quarter. Falling output at the company's key Krishna Godavari (KG) D6 field has capped revenues.

• KG-D6 gas output may fall to all-time lows, RIL shares fall

  Gas production of KG-D6 fields may fall to all-time low of about 27 million cubic meters a day by April/May.