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% shareand 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]