December 27, 2024 02:04 pm (IST)
Follow us:
facebook-white sharing button
twitter-white sharing button
instagram-white sharing button
youtube-white sharing button
ussian ambassador to India Denis Alipov grieves Manmohan Singh's demise | Mumbai terror attack shook Manmohan Singh badly, recalls former deputy NSA | I have lost a mentor and guide: Rahul Gandhi writes on Manmohan Singh's demise | Manmohan Singh left strong imprint on our economic policy over years: PM Modi | A rare leader who spoke softly but achieved monumental strides: Gautam Adani mourns Manmohan Singh's death | Instagram influencer and freelance RJ Simran Singh dies by suicide in Gurugram | Anna University sexual assault case: Accused is a DMK worker, claims BJP's Annamalai | Celebrities too responsible for crowd control: Telangana CM Revanth Reddy to Telugu filmdom amid Pushpa 2 stampede row | Boat capsizes off Calangute Beach in Goa; 1 killed, 20 rescued | Canada announces change to immigration system, likely to impact Indians seeking permanent residence
Reliance

Reliance and bp commence production from third deepwater field in India’s KG D6 block

| @indiablooms | Jul 01, 2023, at 05:47 pm

Mumbai/IBNS: Reliance Industries Limited (RIL) and bp p.l.c. has confirmed the commencement of production from the MJ field, following testing and commissioning activities.

The MJ field represents the last of three major new deepwater developments the RIL-bp consortium have brought into production in block KG D6 off the east coast of India.

The start of gas & condensate production from the MJ field follows the start-up of the R-Cluster field in December 2020 and Satellite Cluster in April 2021. All three developments utilise the existing hub infrastructure for the block.

Together, the three fields are expected to produce around 30 million standard cubic metres of gas a day (1 billion cubic feet a day) when the MJ field reaches peak production. This is expected to account for around one third of India’s current domestic gas production and meet approximately 15% of India’s demand.

Mukesh Ambani, Chairman and Managing Director of Reliance Industries Limited, said, "We continue to be proud of our partnership with bp that combines our expertise in commissioning complex projects under some of the most challenging environments in the last few years.

"Alongside the other KG D6 fields, the MJ development truly supports the ‘Make in India’ and ‘Energy vision’ laid out by the Government of India."

bp Chief Executive Bernard Looney added: "By safely bringing these new developments onstream, RIL and bp are making an important contribution to meeting India’s demand for secure supplies of gas.

"Our close strategic partnership with RIL now stretches back over 15 years and we are proud of how it continues to deepen – in gas, retail, aviation fuels and sustainable mobility solutions. Together we are helping to meet India’s growing energy needs, bringing the best of each partner to create real value."

Discovered in 2013 and sanctioned in 2019, the MJ field is located in water depths of up to 1,200 metres about 30 kilometres from the existing onshore terminal at Gadimoga on the east coast of India.

MJ is a high Pressure and high Temperature (HPHT), gas & condensate field. The field will produce from eight wells and reach a peak gas production of around 12 MMSCMD gas and 25,000 barrels of condensate per day.

The development includes a new Floating Production, Storage and Offloading (FPSO) vessel – the ‘Ruby’ – to process and separate the condensate, gas, water, and impurities, before sending the gas onshore for sale. Condensate is stored on the FPSO before being offloaded to shuttle tankers for supply to Indian refineries.

RIL is the operator of the KG D6 block with a 66.67% participating interest and bp holds a 33.33% participating interest.

Support Our Journalism

We cannot do without you.. your contribution supports unbiased journalism

IBNS is not driven by any ism- not wokeism, not racism, not skewed secularism, not hyper right-wing or left liberal ideals, nor by any hardline religious beliefs or hyper nationalism. We want to serve you good old objective news, as they are. We do not judge or preach. We let people decide for themselves. We only try to present factual and well-sourced news.

Support objective journalism for a small contribution.