Sembcorp Marine’s shareholders will own stake in the combined entity. Credit: Shaun Undem from Pixabay.

India’s Reliance Industries (RIL) and its partner British energy firm BP are planning to commence production from the MJ field in the eastern KG-D6 offshore block in India in the last quarter of 2022.

The partners have completed the first offshore installation campaign at the field and plan to start the second offshore installation campaign in November 2021.

Go deeper with GlobalData

Data Insights

The gold standard of business intelligence.

Find out more

Related Company Profiles

View all

In its investor presentation, RIL said: “Drilling and completions of wells (are) underway. First gas expected by 3Q FY23.”

The MJ field is planned to be developed with seven subsea wells that will be tied back to a new floating production storage and offloading (FPSO) vessel.

It is expected to have an average production of 90 million barrels of oil equivalent per day (boed), annually.

The MJ field is one of the three new deepwater fields being developed as part of the KG-D6 Block integrated development project. The other two fields include the R-Cluster and Satellites Cluster.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

Reliance Industries started production from the Satellite Cluster gas field in April 2021, followed by R Cluster field commissioning in December 2020.

The KG-D6 block, which is located in the Krishna-Godavari basin of the Bay of Bengal on the eastern coast of India, is 66.6% owned by Reliance Industries and 33.3% by firm BP.

By 2023, the three fields in the KG-D6 block are expected to jointly produce around 30 million standard cubic meters per day of natural gas. This would meet up to 15% of the estimated gas demand in the country.

According to estimates, the gas reserves accumulated in the three discoveries at the KG-D6 block is approximately eight trillion cubic feet.

Earlier this year, reports emerged that Reliance Industries and BP are seeking buyers for natural gas produced from the KG-D6 block, which covers an area of 8,100km².

The two partners were reportedly considering selling 5.5 million standard cubic metres per day of additional natural gas produced from the block.