|
February 17, 2012. Oil ministry said that Reliance Industries had written to the government that gas output from its D6 block was expected to drop by about 40% to 22.60 million standard cubic meters per day in 2013-14. The numbers indicated the estimated average production for the entire fiscal year, not any particular month. Output from the D6 block would fall to 27 mmscmd in the next two months. The company had sent broad projections for output. The D6 field's current ouput is about 37 mmscmd, out of that 19 mmscmd is supplied to the power sector consumers. The oil ministry said that if output falls as projected, the government will cut gas supply to power plants to 3-4 mmscmd from the current level of 19 mmscmd if output falls 40%. Reliance had attributed the decline to geological complexity but the oil ministry blamed the company saying output fell because it drilled fewer wells than what was planned.
|