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.
Recommended Reading
Guyana Exported a Total of 225 Crude Cargoes in 2024
2025-01-14 - Guyana, Latin America's newest oil producer, is now the region's fifth largest crude exporter after Brazil, Mexico, Venezuela and Colombia.
TotalEnergies' Mozambique LNG Project Faces Delay Beyond 2029
2025-01-22 - TotalEnergies' $20 billion Mozambique LNG project will not be operational by 2029 as hoped, the French oil major said on Jan. 22, citing the need to end force majeure and ensure security at the project site.
Oil Prices Ease as US Tariffs On Mexico Paused for a Month
2025-02-03 - WTI crude futures were down $0.04, or 0.01%, at $72.49 after climbing as much as 3.7% earlier in the session to reach their highest since Jan. 24 at $75.18.
Gas-Fired Power Plant to be Built Close to Austin, Texas
2025-02-06 - The project, to be built by Argan subsidiary Gemma Power Systems, is expected to hook up to the ERCOT grid in 2028.
EIA Reports Big NatGas Withdrawal, as Expected
2025-02-27 - According to the EIA’s weekly storage report, natural gas levels are 238 Bcf below the five-year average and 561 Bcf below the level from the same time last year.