You are here

Reliance Industries plans workover at three wells in KG basin

18th November 2013

Reliance Industries plans workover programme at three wells in KG basin and invest USD 5bn to raise output

Reliance Industries plans workover at three wells in KG basin
The company aims to undertake base management action to raise output at KG-D6 block

India’s Reliance Industries (RIL) is planning to initiate workover programme at three wells at D6 block in the Krishna-Godavari (KG) offshore basin to increase gas output in the first quarter of 2014, Business Standard reported. The block witnessed an 85 per cent dip in gas output after RIL closed nine producing wells due to water and sand flooding.

According to The Economic Times, RIL said: "The next wave of projects in KG-D6 block are envisaged to be undertaken over the next three to five years and entail a potential total investment in excess of USD 5bn to develop around 4 trillion cubic feet (tcf) of discovered natural gas resources."

The company aims to undertake base management action including workover, side tracks, compressor, and enhancement of water handling capacity to raise output at KG-D6 block.

Niko, a Canadian oil and gas company which owns a 10 per cent stake in the KG-D6 block, expects the workover programme to increase gas output.  The company said: “(RIL is mobilising a drilling rig for the D1 and D3 fields) to commence a three-well workover programme that is expected to increase the volumes from this field in the fourth quarter of the financial year.”

Got a news tip? Email news@oilandgastechnology.net