BG India, Reliance Industries Ltd and state-run Oil and Natural Gas Corporation (ONGC) have spent around Rs 80 crore on repair of the Panna-Mukta-Tapti fields (PMT), which resumed production last month.
An ONGC official said this was the first time a repair job of this magnitude had been done in offshore India. The consortium, says an ONGC executive, has been losing around Rs 3 crore per day owing to the shutdown.
The Panna-Mukta oil and gas fields and Tapti gas fields lie in the western offshore. BG shut production from the PMT fields on July 20, due to an oil leakage from underwater pipelines.
“While the problem was with the single buoy mooring, we later found five of the seven portions of sub-sea hose were broken. Our multi-support vessel, Samudra Sewak, was put to use to carry out a majority of the repair works,” a senior ONGC official told Business Standard.
BG resumed production in October. The daily production is around 36,000 barrels of oil and 5.8 million standard cubic metres of gas per day.
BG Group and Reliance Industries each hold a 30 per cent stake in the Panna-Mukta and Tapti oil and gas fields, while ONGC holds the other 40 per cent.
