Reliance Industries Ltd. (RIL) and BP said April 26 production has begun from the Satellite Cluster gas field in block KG D6 offshore east India two months ahead of schedule.
The field will produce gas from four reservoirs using a total of five wells, BP said in a news release. Production is expected to reach up to 6 million standard cubic meters per day (MMscm/d). It is located about 60 km from the existing onshore terminal at Kakinada on India’s east coast in water depths of up to 1,850 m.
The startup marks the second of three developments to come online in the block. It follows the R Cluster, which went onstream in December 2020, BP said in a news release. Plans are for MJ, the third development, to come onstream in second-half 2022. Together, the fields are expected to produce about 30 MMscm/d of natural gas by 2023. BP said that is enough to meet up to 15% of India’s gas demand.
With a 66.67% participating interest, RIL is the operator of the block. BP holds a 33.33% participating interest.
Shell reached an agreement for the sale of its Permian Basin business to ConocoPhillips for $9.5 billion in cash, confirming rumors the supermajor was considering exiting the key shale asset.
Oil and Gas Investor and Hart Energy proudly announce the “25 Influential Women in Energy” honorees for 2020. These distinguished women and their accomplishments will be celebrated at the third annual Women in Energy luncheon on March 4, 2020, at the Hilton Americas in downtown Houston.
Known as the Texas Methane and Flaring Coalition, the new group will collectively identify and promote operational and environmental recommended practices to minimize flaring and methane emissions.