Reliance and BP sanction third phase of integrated KG D6 development

-         Approve development of MJ deep-water gas field in India.

-         3 KG D6 projects now under development expected toproduce circa 1bcf/d gas by 2022.


RelianceIndustries Limited (RIL) and BP have announced the sanction of the MJ project(also known as D55) in Block KG D6, offshore the east coast of India. MJ is thethird of three new projects in the Block KG D6 integrated development plan andits approval follows sanctions for the development of ‘R-Series’ deep-water gasfield in June 2017 and for the Satellites cluster in April 2018.

Together,the three projects are expected to develop a total of about three trillioncubic feet (tcf) of discovered gas resources with a total investment of circa `35,000-crore (US$5 billion). Theseprojects together, when fully developed, will bring about One billion cubicfeet a day of new domestic gas onstream, phased over 2020-2022.

Says MukeshAmbani, Chairman and Managing Director of RIL, “Bringing these threediscoveries to production, as promised in 2017, by leveraging the existinginfrastructure has been the primary objective of the Reliance–BP Joint Venture.The gas will satiate the increasing demand for clean fuel in the country, saveforeign exchange, and reduce dependency on imported gas.”

BobDudley, BP Group Chief Executive, welcoming the investment decision, says, “Weare building an important upstream business in India, helping to supply thecountry’s growing gas market. Working closely with Reliance, we are efficientlydeveloping discovered resources, with focused exploration to give options forthe future. This latest investment is a further demonstration of BP’scommitment to India and helps support India in addressing the dual challengeand moving to a low carbon future.”


Integratedfield development of deep-water gas fields

MJ is agas condensate field and is the third field under development as part of the KGD6 integrated development campaign. The project is in 700-1100 metres waterdepth, with a well depth of 4200 metres below mean sea-level in ahigh-temperature and pressure environment.

Itcomprises of wells connected to a subsea production, with tie-back to aFloating Production Storage and Offloading (FPSO) vessel to process andseparate liquids, and gas which will be exported to the onshore terminalthrough one of the existing 24 inch trunk pipelines. The project is expected tobegin production in mid-2022.


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