New Delhi A regulatory panel has allowed Reliance Industries to carry out surveys on 12 satellite fields in the deep water D6 block in the east coast, subject to the condition that this expense would become eligible for recovery only if a subsequent field development plan is approved by the authorities.

The management committee overseeing the performance of the D6 block in the Krishna Godavari basin decided last Friday that RIL could make investments in geophysical and geo-technical surveys and other studies in the R series fields (D34) at its own cost. The RIL-BP-NIKO consortium has to bear the risk involved in making this investment.