Keeping KG gas output up till 2020 a challenge, says BP

In June, Mukesh Ambani had announced investments of Rs 40,000 cr on three discoveries in the eastern offshore K-G basin

Global oil major BP said a challenge it and joint venture partner Reliance Industries face in their gas block in the Krishna-Godavari (K-G) basin is maintaining the level of output till new productions come on stream.

The company expects to start production from its R-series field by 2020. It says present output has dropped to about six million standard cubic metres a day (mscmd), from 54 mscmd in 2010. "We are bringing in more technologies to keep it alive till the new ones begin in 2020," said Sashi Mukundan, country head of BP, addressing the CeraWeek petroleum summit, organised by