Ravva oil field
Oil field in Andra Pradesh, India
From Wikipedia, the free encyclopedia
The Ravva oil field in the Krishna Godavari Basin is located in coastal Andhra Pradesh.
| Ravva oil field | |
|---|---|
  Location of Ravva Oil Onshore facilities | |
| Country | India |
| Region | Andhra Pradesh |
| Location | Surasani Yanam, Konaseema District |
| Block | PKGM-1 |
Offshore/onshore | Offshore |
| Coordinates | 16.4879328°N 82.0896668°E |
| Operator | Cairn Energy |
| Partners | Cairn India, ONGC, Videocon and Ravva Oil Singapore Private Limited |
Service contractors | Petrodril, VP Petro6 Engineers |
| Field history | |
| Discovery | 1987 |
Start of development | 1993 |
Start of production | 1994 |
| Production | |
Current production of oil | 25,986 barrels per day (~1.295×106 t/a) |
Year of current production of oil | 2015[1] |
Ownership
The field is operated by Cairn India with a 22.5% share. Its partners in the field are the Oil and Natural Gas Corporation (ONGC) with a 40% share, Videocon Petroleum with a 25% share and Ravva Oil Singapore Private Limited with a 12.5%.[2]
Development and production
The oil field was developed in partnership with Cairn India, ONGC, Videocon 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.[1][2]
