RIL, BP sub­mit plans to de­velop KG-D6, scheme for MJ field

Chemical Industry Digest - - News & Views -


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.

Newspapers in English

Newspapers from India

© PressReader. All rights reserved.