Discovery 1987 Start of development 1993 | Block PKGM-1 Operator Cairn Energy Start of production 1994 | |
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Location Surasani Yanam, East Godavari District Service contractors Petrodril, VP Petro6 Engineers | ||
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Ownership
The field is operated by Cairn India with 22.5% stake. Its partners in the field are ONGC (40%), Videocon Petroleum (25%) and Ravva Oil (12.5%)
Development and production
It was developed in partnership with Cairn India, ONGC, Videocon and Ravva Oil Singapore Private Limited, under a 25-year production sharing contract (PSC) that expires in 2019. There are eight unmanned Offshore platforms and sub-sea pipelines are being operated. The crude oil produced from the Ravva field is transferred to the Ravva onshore terminal via four pipelines. Processing takes place at a 225-acre facility at Surasani Yanam. The onshore storage capacity is one million barrels.
References
Ravva oil field Wikipedia(Text) CC BY-SA