Reliance and BP start production from KG-D6 oil field – off the coast of Kakinada
RelianceIndustries and BPhave started the production from the R Cluster, ultra-deep-water gas field in block KG D6 off the east coast of India.
- KG D6, which is the Krishna Godavari Dhirubhai 6, was Reliance’s first offshore gas field development.
- Located at a water depth of over 2000 meters, it is the deepest offshore gas field in Asia, according to the company.
The oil fields in the Krishna-Godavari basin, popularly known as KG-D6, was Reliance’s first offshore gas field development. Discovered in 2002, the KG D6 is also India’s largest deposit of natural gas.
Through the three clusters of Reliance in KG D6 – R Cluster, Satellites Cluster and MJ, Located at a water depth of greater than 2000 meters, it is the deepest offshore gas field in Asia, the company said in a statement. .
AdvertisementThe Mukesh Ambani-led company hopes to produce 15% of India’s total gas consumption. According to reports, production from Satellites Cluster and MJ is expected to begin in FY22.
“This is a significant milestone in India's energy landscape, for a cleaner and greener gas-based economy. Through our deep-water infrastructure in the Krishna Godavari basin we expect to produce gas and meet the growing clean energy requirements of the nation,” said
Reliance and bp are together investing ₹40,000 crore into KG-D6. Earlier, BP had invested $1 billion for a 49% stake in the joint venture called “Jio-bp”, with
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