RIL, BP submit plans to develop KG-D6, scheme for MJ field
Industries and its partner BP plc of UK have submitted to the government a USD 2 -2.5 billion plan to bring to production India’s deepest gas discovery by 2021-22.
The partners submitted to the Directorate General of Hydrocarbons ( DGH) a field development plan (FDP) for the MJ-1 gas find, which is located about 2,000 meters directly below the currently producing Dhirubhai-1 and 3 (D1 and D3) fields in the eastern offshore KG-D6 block.
MJ-1 is estimated to hold a minimum of 0.988 Trillion cubic feet (Tcf) of contingent resource.
With this, RIL-BP have finalised investment plans totaling USD 5-5.5 billion (about 33,000 crore to 36,000 crore) for three sets of discoveries in the KG-D6 block.
Work on the three sets of discoveries will start sometime in 2018 and contracting for equipment and services have already started. MJ-1 is one of the three clusters that the partners are focusing on reviving the flagging output at KG-D6.
Besides MJ-1, four deep sea satellite gas discoveries D-2, 6, 19 and 22 are planned to be developed together with D29 and D30 finds on the block. The investment in these satellite fields would be USD 1.4 billion. The development plan involves production through a subsea production system, offshore processing and transporting of processed gas through the existing infrastructure. The processed gas will be transported to the onshore terminal and taken to customers along the East West pipeline.