RIL, BP to use floating system in deepest gas discovery in D6 block

Reliance Industries and its partner BP plc of the UK plan to use a floating production system at high-sea in the Bay of Bengal to bring to production the deepest gas discovery in the flagging KG-D6 block. The MJ-1 gas find is located about 2,000 meters directly below the currently producing Dhirubhai-1 and 3 fields in the eastern offshore KG-D6 block and is estimated to hold a minimum of 0.988 Trillion cubic feet of contingent resource. Besides MJ-1, four deep sea satellite gas discoveries — D-2, 6, 19 and 22 are planned to be developed together with D29 and D30 finds on the block. The government had in 2012 approved a $1.529 billion plan to produce 10.36 mmscmd of gas from four satellite fields of block KG-DWN-98/3 by 2016-17.