{"id":349641,"date":"2020-05-05T11:55:23","date_gmt":"2020-05-05T06:25:23","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=349641"},"modified":"2020-05-05T12:37:24","modified_gmt":"2020-05-05T07:07:24","slug":"reliance-industries-delays-gas-drill","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/reliance-industries-delays-gas-drill\/","title":{"rendered":"Reliance Industries delays gas drill"},"content":{"rendered":"<p>Reliance Industries and its partner BP Plc of the UK have pushed back the start of production from the second wave of discoveries in their eastern offshore KG-D6 block to June-end because of the restrictions on movement of people and material the nationwide lockdown has imposed. <\/p>\n<p>At the current Brent oil price of around $26 per barrel, the gas from R-Series field in KG-D6 block will cost about $2.2 per million British thermal unit \u2014 lower than even the government mandated rate of $2.39 for gas from state-owned ONGC fields. <\/p>\n<p>In an investor presentation post its fourth-quarter earnings, Reliance said it is working on three projects in the KG-D6 block, where production from older fields stopped in February this year.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Reliance Industries and its partner BP Plc of the UK have pushed back the start of production from the second wave of discoveries in their eastern offshore KG-D6 block to June-end because of the restrictions on movement of people and material the nationwide lockdown has imposed. At the current Brent oil price of around $26 per barrel, the gas from R-Series field in KG-D6 block will cost about $2.2 per million British thermal unit \u2014 lower than even the government mandated rate of $2.39 for gas from state-owned ONGC fields. In an investor presentation post its fourth-quarter earnings, Reliance said [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130,215,148],"tags":[],"class_list":["post-349641","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-oil-gas-the-telegraph","category-the-telegraph"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/349641","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=349641"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/349641\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=349641"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=349641"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=349641"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}