In its revised development plans, RIL is expected to show higher production potential as Sibal said. With the revised production plans, RIL production from KG basin "could go up further to as high as 60 MMSCMD or even to 80 MMSCMD of gas."
"I have seen Reliance's preparations for the production and can confirm that gas would start flowing from the KG basin from June 2008," Sibal said.
Talking about RIL production from KG basin, Arun Kumar Sethi, chief geologist of DGH, said RIL would not just be ready for production but also with supply lines to most parts of the country.
Gujarat State Petroleum Corporation (GSPC), which is another major KG basin player, has encountered problems in adjoining block in KG basin, and had to reschedule its production programme from 2008 to 2009.
According Sibal, GSPC has been operating in extremely hostile conditions where temperature is as high as 4500 F. and pressure is as high as 5000 PSI. This has made it difficult for DGH to take a call on proven gas reserves in the Deendayal block being explored by GSPC. "This is the reason why so far we have not certified GSPC's claim of 20 trillion cubic feet of gas reserves in their block in KG basin, and advised GSPC to wait for the outcome of its latest well KG 15."
GSPC has reached a depth of 5000 metre in well KG-15, which is expected to continue for 600 metre more before submitting its outcome. Sibal said once the outcome of KG15 is available, GSPC would submit its development plans and based on that DGH would certify the KG basin claim of GSPC.
RIL and GSPC together have claimed over 34 TCF of gas reserves in the KG basin.
