In 2002, Reliance struck gas in the D1-D3 field of KG D6 block. RIL is producing natural gas from the gas fields D1-D3 since April 1, 2009, and light crude oil from the D26 oil field in KG D6 block, since September 17, 2008. Both projects have been commissioned in a record time – the D1-D3 fields in about six and half years, and the D26 field in just a little over two years - from discovery.
These fields rank amongst one of the largest green-field deepwater oil and gas production facilities in the world. D1-D3 fields are the first and only deepwater producing fields in India and remains among the most complex reservoirs in the world. Reliance, along with its partners, has committed ~$6 billion for second wave of projects in KG D6 over the next few years. To supplement the existing asset base, we continue to look at new opportunities globally that are a strategic fit with capabilities and integrated petroleum value chain.
Coal Bed Methane
Development activities are underway in 2 CBM blocks (Sohagpur East and West) with first gas in 2017. As part of CBM development program, Reliance has drilled more than 200 wells and set up two Gas Gathering Stations and 8 Water Gathering Stations.
Reliance Gas Pipeline Limited (RGPL), one of the subsidiary of RIL operates 300 KM of natural gas pipeline from Shahdol in Madhya Pradesh to Phulpur in Uttar Pradesh to transport gas from RIL’s CBM blocks.
The CBM project is the largest surface footprint hydrocarbon project of the country.
US Shale Gas
Reliance’s upstream joint ventures in US Shale gas include a 45% working interest (WI) partnership with Pioneer Natural Resources in the Eagle Ford shale play and a 40% WI partnership with Chevron and a 60% WI partnership with Carrizo Oil & Gas in the Marcellus Shale play.
All JVs remain focused on high-grading of development activities, improving costs and efficiencies and managing the low price environment through prioritizing well capex in the most prolific areas.