Reliance and BP Commence Production from Third Deepwater Field in India’s KG D6 Block

Reliance Industries Limited (RIL) and bp p.l.c. today confirmed the
commencement of production from the MJ field, following testing and commissioning activities.

The MJ field represents the last of three major new deepwater developments the RIL-bp consortium have brought into production in block KG D6 off the east coast of India.
The start of gas & condensate production from the MJ field follows the start-up of the R-Cluster
field in December 2020 and Satellite Cluster in April 2021. All three developments utilise the
existing hub infrastructure for the block.

Together, the three fields are expected to produce around 30 million standard cubic metres of gas
a day (1 billion cubic feet a day) when MJ field reaches peak production. This is expected to
account for around one third of India’s current domestic gas production and meet approximately
15% of India’s demand.

Mukesh Ambani, Chairman and Managing Director of Reliance Industries Limited, said: “We
continue to be proud of our partnership with bp that combines our expertise in commissioning
complex projects under some of the most challenging environments in the last few years. Alongside
the other KG D6 fields, the MJ development truly supports the ‘Make in India’ and ‘Energy vision’
laid out by the Government of India.”

BPChief Executive Bernard Looney added: “By safely bringing these new developments
onstream, RIL and bp are making an important contribution to meeting India’s demand for secure
supplies of gas. Our close strategic partnership with RIL now stretches back over 15 years and we
are proud of how it continues to deepen – in gas, retail, aviation fuels and sustainable mobility
solutions. Together we are helping to meet India’s growing energy needs, bringing the best of each
partner to create real value.”
Discovered in 2013 and sanctioned in 2019, the MJ field is located in water depths of up to 1,200
metres about 30 kilometres from the existing onshore terminal at Gadimoga on the east coast of
India.

MJ is a high Pressure and high Temperature (HPHT), gas & condensate field. The field will
produce from eight wells and reach a peak gas production of around 12 MMSCMD gas and 25,000
barrels of condensate per day.

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The development includes a new Floating Production, Storage and Offloading (FPSO) vessel –
the ‘Ruby’ – to process and separate the condensate, gas, water, and impurities, before sending
the gas onshore for sale. Condensate is stored on the FPSO before being offloaded to shuttle
tankers for supply to Indian refineries.
RIL is the operator of the KG D6 block with a 66.67% participating interest and bp holds a 33.33%
participating interest.