35% decline in gas output from Tapti field in 3 yrs

Image
Press Trust of India New Delhi
Last Updated : Jan 20 2013 | 11:53 PM IST

Natural gas production from the BG Group-operated Tapti field off the Mumbai coast has fallen by over 35% in the past three years due to natural decline of the ageing field.

Gas output from the Tapti field dipped from 4,301.12 million standard cubic metres (mmscm) in 2008-09 to 3,184.40 mmscm in 2009-10 and further to 2,778.54 mmscm in 2010-11, Minister of State for Petroleum and Natural Gas R P N Singh told the Rajya Sabha today.

The BG Group holds a 30% stake in the Panna-Mukta and Tapti (PMT) oil and gas fields off the West Coast. Oil and Natural Gas Corp (ONGC) holds a 40% stake in the fields, while the remaining 30% is with Reliance Industries.

Singh, in a written reply to a question, said gas output from the Panna-Mukta field fell by 11.5% from 1,764.95 mmscm in 2008-09 to 1,561.90 mmscm in 2010-11.

"The reasons for the reduction in gas production is primarily due to natural decline of the PMT oil and gas fields, which are matured and ageing," he said.

"Further, in case of Tapti field, under-performance of the reservoir due to premature water ingress in the newly drilled gas wells had resulted in a drastic reduction in gas production from this field," he added.

PMT gas is supplied to GAIL India, Reliance, Gujarat Gas Co Ltd, Gujarat State Petronet Ltd, Torrent Power, Rajasthan Rajya Vidyut Utpadan Nigam Ltd's Dholpur plant and six NTPC power plants (Faridabad, Anta, Auriya, Dadri, Kawas and Gandhar), among other buyers.

"In the past, incidents such as pipeline/riser leakage, failure of single point mooring (SPM) hose, etc, in Panna-Mukta field had led to temporary shutdown of the fields, resulting in stoppage of oil and gas production during that period," Singh added.

*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

More From This Section

First Published: Aug 16 2011 | 3:04 PM IST

Next Story