Reliance Announces Cessation Of MA Field Of KGD6 Block
Reliance Industries Limited (RIL) informs that MA (D26) field in Block KG-DWN-98/3 (KGD6), which is being operated by RIL as an Operator of the Joint Venture consisting of RIL (60%), BP (30%) and NIKO (10%), has ceased production on 17th September 2018.
Post cessation, activities related to the safe shutdown of the field are underway. Production from the field had been under natural decline and facing continuous challenges due to high water production and sand ingress. The field has cumulatively produced about 0.53 TCF of Gas and 31.4 Million Barrel of Oil & Condensate and had no remaining reserves.
For Q1 FY19, MA field contributed less than 0.1% in terms of revenue at RIL consolidated level.
The Dhirubhai - 26 (D26), oil, gas and condensate deep water discovery was made in 2006. The discovery was developed and put on production in September 2008. This was India’s first deep water development (water depth upto 1,250 meters), with 7 wells tied back through a subsea production system to a purpose built, state of the art disconnectable turret moored Floating Production Storage and Offloading (FPSO) production facility.
Relevant governmental agencies have already been informed.