Reliance to start gas production from R-Series field
Reliance is working on three projects in the Krishna Godavari basin KG-D6 block, where production from older fields stopped in February this year
New Delhi: Billionaire Mukesh Ambani’s Reliance Industries plans to start the delayed production from the second wave of discoveries in its eastern offshore KG-D6 block in November/December, the company said in an investor presentation.
Reliance is working on three projects in the Krishna Godavari basin KG-D6 block, where production from older fields stopped in February this year. R-Series will the first of the three fields to go live. “All wells (have been) drilled, completed, tested and connected; sub-sea installation and testing works completed,” the firm said in an investor presentation post announcing second quarter earnings.
Balance works on control and riser platform are currently underway and “pre-commissioning and commissioning expected in 3Q FY21”, it said. An official of the firm which has contracted the gas from the field said Reliance had previously indicated November as the month for start of production.
Gas from R-Series field was previously expected in June but COVID-19 lockdown disrupted supply chain and the company could not complete the project in time. Reliance and its partner BP are developing three sets of discoveries in KG-D6 block — R-Cluster, Satellites, and MJ by 2022. Peak output of around 28 million standard cubic metres per day is expected by FY24 when all three projects are up and running.
R-Cluster will have a peak output of 12 mmscmd while Satellites, which are supposed to begin output from the third quarter of 2021 calendar year, would produce a maximum of 7 mmscmd. MJ field will start production in third quarter of 2022 and will have a peak output of 12 mmscmd.
