RIL, BP to use floating system to produce deepest D6 gas find
27 Aug 2017 9:20 PM IST
New Delhi: Reliance Industries and its partner BP plc of the UK plan to use a floating production system at high-sea in the Bay of Bengal to bring to production the deepest gas discovery in the flagging KG-D6 block.
The MJ-1 gas find 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 and is estimated to hold a minimum of 0.988 Trillion cubic feet (Tcf) of contingent resource.
An executive in the joint venture said floating production storage and offloading (FPSO) will be used to bring the gas to the surface, treat it and pump it to the pipeline system that will take it to the shore. In May 2013, RIL, BP and Niko Resources of Canada had struck a 155-metres thick gas condensate column in the exploration well KGD6-MJ1, which was later named as D55 or MJ-1 discovery.
MJ-1 is one of the three clusters that the partners are focusing on reviving the flagging output at KG-D6.
"The commerciality of the discovery was approved in December last year and we have one year time from that date to submit an investment plan called the field development plan (FDP). If need be, the deadline can be extended by six months. So we have time till mid-2018 to firm up investment," he said.
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