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RIL-BP's D-6 output in permanent decline
Apr 25:
Revenues were down and losses were reported in RIL's oil and gas operations in 2016-17 as volumes continued to decline in the the company's D-6 block
8Crude production was down 15% and gas by as much as 25%.
8For RIL now, the D-6 block is a holding operation while new gas output kicks in from its other discoveries.
8Sand and water ingress are leading to closure of well after well and side tracking work is now slowing down the inexorable decline.
8Currently eight wells in the D1-D3 fields and four wells in the largely oil-based MA field are operational
Click on Reports for more
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8Crude production was down 15% and gas by as much as 25%.
8For RIL now, the D-6 block is a holding operation while new gas output kicks in from its other discoveries.
8Sand and water ingress are leading to closure of well after well and side tracking work is now slowing down the inexorable decline.
8Currently eight wells in the D1-D3 fields and four wells in the largely oil-based MA field are operational
Click on Reports for more
