Ravva is a producing conventional oil field located in shallow water in India and is operated by Vedanta Resources. According to GlobalData, who tracks more than 34,000 active and developing oil and gas fields worldwide, the field is located in block Ravva (PKGM – 1), with water depth of 262 feet. Buy the profile here.
An expansion project is associated with the Ravva, namely the Ravva Infill Project. This project is currently in the feasibility stage.
Field participation details
The field is owned by Marubeni, Oil and Natural Gas, Vedanta Resources and Videocon Industries.
Production from Ravva
The Ravva conventional oil field recovered 97.33% of its total recoverable reserves, with peak production in 2004. The peak production was approximately 52.57 thousand bpd of crude oil and condensate and 94.00 Mmcfd of natural gas. Based on economic assumptions, production will continue until the field reaches its economic limit in 2026. The field currently accounts for approximately 1% of the country’s daily output.
Remaining recoverable reserves
The field is expected to recover 10.26 Mmboe, comprised of 9.58 Mmbbl of crude oil & condensate and 4.09 bcf of natural gas reserves.
Contractors involved in the Ravva conventional oil field
The key contractors involved in the Ravva project as follows.
Other Contractors: Petrofac
About Vedanta Resources
Vedanta Resources Ltd (Vedanta), formerly Vedanta Resources Plc, is a diversified natural resources company. Its major products include zinc, lead, silver, iron ore, steel, copper, aluminum, power, and oil and gas. Its operations span metals and mining, oil and gas, and power generation. The company explores, plans, builds, mines, processes, transports, and markets a range of products, including base and precious metals, and minerals. The company also has under development a port operation business and infrastructure assets. Vedanta’s operations are mainly concentrated in India. It also has operations in Australia, Japan, Namibia, South Africa, South Korea, Liberia the UAE, Ireland, Taiwan and Zambia. Vedanta is headquartered in London, the UK.
For more details on the Ravva Conventional Oil Field, buy the profile here.
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GlobalData, the leading provider of industry intelligence, provided the underlying research used to produce this article.
This information is drawn from GlobalData’s Oil & Gas Intelligence Center, which provides detailed profiles of 34,000+ oil and gas fields, 400,000+ exploration blocks, 1,100+ LNG terminals, 3,400+ gas processing plants, 5,000+ storage terminals, and 8,000+ pipelines, 1,400+ refineries and 13,000+ petrochemical plants worldwide.
