December 20, 2020
2 mins read

Reliance, BP Begin Gas Production From Ultra Deep Water Field

Reliance Industries Limited (RIL) and British Petroleum (BP) have announced the start of production from the R Cluster, ultra-deep-water gas field in block KG D6 off the Kakinada coast.

RIL and BP are developing three deepwater gas projects in block KG D6 – R Cluster, Satellites Cluster and MJ – which together are expected to meet 15 per cent of India’s gas demand by 2023. These projects will utilise the existing hub infrastructure in KG D6 block.

RIL is the operator of KG D6 with a 66.67 per cent participating interest and BP holds a 33.33 per cent participating interest.

R Cluster is the first of the three projects to come onstream. The field is located about 60 km from the existing KG D6 Control & Riser Platform (CRP) off the Kakinada coast and comprises a subsea production system tied back to CRP via a subsea pipeline. Located at a water depth of greater than 2,000 meters, it is the deepest offshore gas field in Asia. The field is expected to reach plateau gas production of about 12.9 million standard cubic meters per day (mmscmd) in 2021.

Mukesh Ambani, Chairman and Managing Director of Reliance Industries Limited, said, “We are proud of our partnership with BP that combines our expertise in commissioning gas projects expeditiously, under some of the most challenging geographical and weather conditions. This is a significant milestone in India’s energy landscape, for a cleaner and greener gas-based economy. Through our deep-water infrastructure in the Krishna Godavari basin we expect to produce gas and meet the growing clean energy requirements of the nation.”

BP Chief Executive Bernard Looney said, “This start-up is another example of the possibility of our partnership with Reliance, bringing the best of both companies to help meet India’s rapidly expanding energy needs. Growing India’s own production of cleaner-burning gas to meet a significant portion of its energy demand, these three new KG D6 projects will support the country’s drive to shape and improve its future energy mix.”

The next project, the Satellites Cluster, is expected to come onstream in 2021 followed by the MJ project in 2022.

Peak gas production from the three fields is expected to be around 30 mmscmd (1 bcf/d) by 2023 which is expected to be about 25 per cent of India’s domestic production and will help reduce the country’s dependence on imported gas.

Also Read: As Demand Surge IndianOil touches 100% Capacity Usage

Also Read: India to press for Iran, Venezuela Oil as Trump leaves

Previous Story

India Daily Digital – December 20, 2020 – Congress Leaders Vow To Resolve Party’s Deadlock

Next Story

China To see 40% 5G connected cars by 2025: Report

Latest from Business

Nothing’s CMF Goes Indian with $100M JV

Company has announced a $100 million joint venture with Indian electronics manufacturer Optiemus Infracom Limited….reports Asian Lite News Smartphone maker Nothing has spun off its budget sub-brand CMF into an independent subsidiary,

Airbnb Boosts India Economy

Among international guests, the largest inbound sources were the United States, United Kingdom, Canada, and Australia Hospitality giant Airbnb made a significant impact on India’s economy in 2024, contributing Rs 113 billion

Rupee, Markets Gain Amid Trade Optimism

Emerging market currencies, including the rupee, have gained support amid softening in the dollar. Reports suggesting that the US economy is on the verge of a recession have contributed to the greenback’s

Deadline Nears, India–EU Talks Heat Up

The success or failure of this round will shape how the two sides proceed, especially on difficult issues that have long blocked progress….reports Asian Lite News India and the European Union on

Gold Shines Bright Amid Global Jitters

Gold and silver continued their bullish run on Monday, scaling new highs amid mounting global uncertainties, heightened geopolitical tensions, and growing expectations of a US Federal Reserve rate cut. According to the
Go toTop