The Ravva oil field in the
Krishna Godavari Basin is located in coastal
Andhra Pradesh
Andhra Pradesh (, abbr. AP) is a state in the south-eastern coastal region of India. It is the seventh-largest state by area covering an area of and tenth-most populous state with 49,386,799 inhabitants. It is bordered by Telangana to the ...
.
Ownership
The field is operated by Cairn India with a 22.5% stake. Its partners in the field are ONGC (40%), Videocon Petroleum (25%) and Ravva Oil (12.5%)
Development and production
The oil field was developed in partnership with
Cairn India
Cairn India was an Indian oil and gas exploration and production company, headquartered in Gurgaon, India. The company was merged with Vedanta Limited.
History
In early 1999, Cairn made the first Rajasthan discovery – Guda field, followed ...
,
ONGC
The Oil and Natural Gas Corporation (ONGC) is a central public sector undertaking under the ownership of Ministry of Petroleum and Natural Gas, Government of India. It is headquartered in New Delhi. ONGC was founded on 14 August 1956 by the ...
,
Videocon
Videocon Industries Limited is an Indian multinational conglomerate, headquartered in Mumbai. The group had 17 manufacturing sites in India and plants in Mainland China, Poland, Italy and Mexico. It was the third largest picture tube manufact ...
and Ravva Oil Singapore Private Limited, under a 25-year production sharing contract (PSC) that expired 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.
See also
*
Bombay High
*
Krishna Godavari Basin
References
Geography of East Godavari district
Energy in Andhra Pradesh
Geology of Andhra Pradesh
Godavari basin
Oil fields in India
Natural gas fields in India
Vedanta oil and gas fields
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