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Reliance Industries Ltd has reportedly said that it is expecting ‘no new production from D1- D3 fields’, the largest in the D6 block.
RIL has written to the Petroleum and Natural Gas Ministry stating that all available technical information shows that adding new wells in the D1- D3 fields will not add to production, according to reports.
Reports stated that the output from D6 block (D1,D3 and MA fields), after peaking at 67 mmscmd in 2009-10, fell to 24 mmscmd in 2012
India Infoline Research Team / 15:28, Mar 13, 2015
Markets are now reinforcing the perception of an early interest rate hike by US Federal Reserve, with consensus calling for the hike taking place in June, when compared with the prior expectations of a hike in September.