The finds at KG-D6 will add around 20 million standard cubic metres per day (mmscmd) of peak production, according to BP. RIL is the operator of block KG-DWN-98/3 or KG-D6 while UK’s BP Plc has 30% interest and Niko Resources of Canada the remaining 10%. RIL and BP had in mid-June last year announced investing Rs40,000 crore in the three sets of finds to reverse the flagging production in KG-D6 block. The government had in 2012 approved a $1.529 billion plan to produce 10.36 mmscmd of gas from four satellite fields of block KG-DWN-98/3 (KG-D6) by 2016-17. RIL has so far made 19 gas discoveries in the KG-D6 block.

Source: Mint February 26, 2018 15:56 UTC