D-55 is a conventional gas development located in deepwater in India and is operated by Reliance Industries. According to GlobalData, who tracks more than 34,000 active and developing oil and gas fields worldwide, D-55 was discovered in 2013, lies in block KG-DWN-98/3, with water depth of around 3,359 feet. Buy the profile here.
The project is currently in commissioning stage and is expected to start commercial production in 2023. Final investment decision (FID) of the project was approved in 2019. The D-55 conventional gas development will includes FPSO.
Field participation details
The field is owned by BP and Reliance Industries.
Production from D-55
Production from the D-55 conventional gas development project is expected to begin in 2023 and is forecast to peak in 2026, to approximately 424 Mmcfd of natural gas. Based on economic assumptions, the production will continue until the field reaches its economic limit in 2043.
Remaining recoverable reserves
The field is expected to recover 187.45 Mmboe, comprised of 1,124.68 bcf of natural gas reserves.
Contractors involved in the D-55 conventional gas field
Some of the key contractors involved in the D-55 project as follows.
Design/FEED Engineering: Genesis Gas & Oil
EPC Contractors: Samsung Heavy Industries and TechnipFMC
Other Contractors: Worley, Mech-Tool Engineering and Advanced Production and Loading
About Reliance Industries
Reliance Industries Ltd (RIL) is a diversified company with business interests in energy, petrochemicals, textiles, retail, entertainment, materials and telecommunication sectors. The company carries out the exploration, development and production of oil and gas, refining of crude oil, marketing of petroleum products, and production of petrochemicals. Its refined products include propylene, gasoline, naphtha, kerosene, alkylate, sulphur and petroleum coke. The company commercializes petrochemical products, including aromatics, elastomers and polyesters. It operates a range of retail stores comprising food and grocery specialty, footwear, hypermarkets and other specialty stores. It also provides telecommunication, broadband internet, security and other digital services. RIL is headquartered in Mumbai, Maharashtra, India.
For more details on the D-55 Conventional Gas Field, buy the profile here.