OIL & GAS

RIL, BP find gas from KG Basin’s R-cluster, Asia’s deepest offshore field

Reliance Industries and its partner BP on Friday announced their first gas finding at the R Cluster, an ultra-deep-water gas field in block KG D6, off the east coast of India.

The two companies are developing three deep-water 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, the two companies said in a joint statement.

These projects will utilise the existing hub infrastructure in the KG D6 block.

The field is expected to reach plateau gas production of about 12.9 million standard cubic metres per day (mmscmd) in 2021. 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, the companies said in the statement. RIL is the operator of KG D6 with a 66.67 per cent participating interest while BP holds 33.33 per cent.

The field, R Cluster, 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.

Source
business standard
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