Upstream regulator Directorate General of Hydrocarbons (DGH) today confirmed Reliance Industries (RIL) and BP will do workover of six wells at the D1D3 blocks of the KG-D6.
Workover is a remedial operation for hiking output of a well. Also read: DGH proposes formula for curbing RIL's KG-D6 cost recovery While the DGH did not provide any timeline, CNBC-TV18 had reported on December 1 that the workover would begin in the first quarter of the calendar year 2012. Sources then had also told CNBC-TV18 to not expect better results before the end of 2012. Also read: RIL's D6 block gas output falls to all-time lowDiscover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!
