Project Profile
Value: Undisclosed
Location: Off the coast of Andhra Pradesh in eastern India
Water Depth: 80 metres
Production: 23,845 boe/d (2016) and 300 billion cubic feet of gas
Start-up Year: -
Ravva oil and gas field is located in the shallow offshore area of the Krishna-Godavari basin on the eastern coast of India. It lies in Block PKGM-1. The field is operated by Cairn India which holds a 22.5% stake in it. Its partners in the field include ONGC (40%), Videocon Petroleum (25%) and Ravva Oil (12.5%). The Ravva field was initially estimated to produce 100 million barrels of crude oil. It has, however, produced more than 225 million barrels till 2011. The output from the field accounts for 8% of total domestic oil production in India. Cairn became the operator of the field in 1996. A 4D seismic acquisition survey was conducted in 2010-11 to find the remaining oil zones within the field and conduct future infill drilling.
Operators:
Cairn Energy: Operator with 22.5% interest
ONGC: 40% interest
Videocon Petroleum: 25% interest
Ravva Oil: 12.5% interest
Contractors:
Aban Offshore: Deploy a jack-up rig
Petrodril: Consultant
VP Petro6 Engineers and Consultants: Conduct structural integrity checks