Cluster I is a conventional gas development located in deepwater in India and is operated by Oil and Natural Gas. Discovered in 2005, Cluster I lies in block KG-DWN-98/2, with water depth of around 4,757 feet.
The project is currently in approval stage and is expected to start commercial production in 2023. The development cost is expected to be $652 m. The Cluster I conventional gas development will includes fixed platform.
Field participation details
The field is owned by Oil and Natural Gas.
Production from Cluster I
Production from the Cluster I conventional gas development project is expected to begin in 2023 and is forecast to peak in 2025, to approximately 82 Mmcfd of natural gas. Based on economic assumptions, the production will continue until the field reaches its economic limit in 2063.
Remaining recoverable reserves
The field is expected to recover 75.48 Mmboe, comprised of 452.9 bcf of natural gas reserves.
Contractors involved in the Cluster I conventional gas field
The key contractors involved in the Cluster I project as follows.
Other Contractors: National Institute of Oceanography
About Oil and Natural Gas
Oil and Natural Gas Corp Ltd (ONGC) is an integrated energy company operating along the hydrocarbon value chain. It discovers, produces, refines and markets oil and gas, and also manufactures petrochemicals. ONGC also carries out power generation and has considerable renewable energy operations. The company carries out refining operations through Mangalore Refinery and Petrochemicals Ltd and Hindustan Petroleum Corporation Ltd. It sells products to oil refining and gas marketing companies. In addition, the company conducts overseas operations through its subsidiary, ONGC Videsh Ltd (OVL). It has operations in Latin America, the Middle East and Africa, Asia-Pacific, and Europe. ONGC is headquartered in New Delhi, India.
Information on the field is sourced from GlobalData’s fields database that provides detailed information on all producing, announced and planned oil and gas fields globally. Not all companies mentioned in the article may be currently existing due to their merger or acquisition or business closure.