Reliance Industries' KG-D6 gas output falls to new low

MUMBAI -- Output of natural gas at Reliance Industries Ltd.'s D6 block in the Krishna Godavari basin fell to a record low in the week to Dec. 4, the Press Trust of India reported Thursday.
Gas production decreased to 39.80 million metric standard cubic meters a day, the news agency said, citing a status report filed by the company with India's oil ministry.
The report said that the output is lower than the 70.39 MMSCMD level envisaged by now as per the field development plan approved in 2006. Reliance started production from the offshore block in April 2009, with output of about 40 MMSCMD, it said.
Reliance holds a 60% interest in KG-D6, while BP PLC has 30% and Niko Resources Ltd. of Canada holds the remainder.