RIL-BP closes KG D1 D3 gas field, production at D6 to start by mid-2020

The RIL-BP joint venture has successfully worked to extend the life of production from the D1 D3 field by nearly five years after gas production at the field ceased in 2015 due to issues of reservoir pressure and water ingress. 

Through innovation and application of first-of-their kind solutions, the field’s life was extended for almost five years, to February 2020, maximising the recovery from the field.

The KG D6 Block has so far produced an overall 3 TCFe of gas, resulting in energy import savings of over $30 billion. These fields also established several global benchmarks in terms of operational performance, including 99.9 per cent uptime and 100 per cent incident-free operations.

Reliance said the JV has committed an additional $5 billion (Rs35,000 crore) of investments towards monetising about 3 TCFe (about 500 million barrels of oil equivalent) reserves from three projects - R cluster, satellite cluster and MJ fields. These projects will utilise the existing gas production infrastructure. Further, this infrastructure can act as a hub for development of any discovery from contiguous areas.

The first gas from these fields is expected in mid-2020. The peak production from these three fields is expected to reach 1 BCFe per day, which is about 15 per cent of the then envisaged India’s demand.