Ravva is a mature oil and gas field located in the Krishna Godavari Basin off the east coast of India. It is operated by Cairn India under a production sharing contract (PSC) signed in 1994. Other partners in the field include Marubeni Videocon and state owned Oil and Natural Gas Corporation (ONGC). The PSC consists of the main Ravva field and some satellite fields (referred to as Ravva Satellite in this analysis). .