NEW DELHI: Reliance Industries Ltd (RIL) and BP have started production from the MJ field, the last of the three new deepwater discoveries in the KG-D6 block off the Andhra coast the companies have brought into production with an estimated investment of $5 billion.
Production from the three discoveries together will produce 30 mcmd of gas at their peak, accounting for a third of India’s current gas production and meet about 15% of demand. MJ will produce 12 mcmd of gas and 25,000 barrels of condensate per day.
Among the other two discoveries, the R-Cluster field began production in December 2020 and Satellite Cluster in April 2021.
