 "Reliance, BP announce start of production from gas field in KG D6 block")
Reliance Industries Ltd. and BP said on Monday they have started production from a gas field in block KG D6 off the east coast of India.
A press statement said the two companies are developing three deep-water gas developments in block KG D6--R Cluster, Satellite Cluster and MJ--which together are expected to produce around 30 mmscmd (1 billion cubic feet a day) of natural gas by 2023, meeting up to 15 per cent of India’s gas demand.
The Satellite Cluster is the second of the three developments to come onstream, following the start-up of R Cluster in December 2020. The field will produce gas from four reservoirs utilising a total of five wells and is expected to reach gas production of up to 6 mmscmd. The R Cluster and Satellite Cluster together are expected to contribute to about 20 per cent of India’s current gas production, said the statement.
KG D6 is expected to come onstream towards the latter half of 2022.
One subscription. Two world-class reads.
Already subscribed? Log in
Subscribe to read the full story →*Subscribe to Business Standard digital and get complimentary access to The New York Times
Smart Quarterly
₹900
3 Months
₹300/Month
SAVE 25%
Smart Essential
₹2,700
1 Year
₹225/Month
SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months
Super Saver
₹3,900
2 Years
₹162/Month
Subscribe
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors
Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share
Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor
Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements
Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
SAVE 25%