Page 147 - CW E-Magazine (27-8-2024)
P. 147

Hydrocarbons


       wells in R Cluster and one additional                              wells are in production, with an aver-
       well in Satellite Cluster are being pro-                           age  output  of  0.64-mscmd  gas  during
       posed to be drilled. This is expected to                           the year. “To augment production, a 40
       provide incremental recovery of around                             multi-lateral horizontal well programme
       240 BCF of gas from these fi elds,” RIL                             is being executed in SP (West). This is
       said in its annual report for FY24.                                the  fi rst  time  in  India  that  such  hori-
                                                                          zontal wells are being drilled for CBM.
       KG-D6 Deepwater                                                    Reliance has already drilled 13 horizontal
          Since the commencement  of pro-  commissioned and are currently under  wells, out of which 10 wells are put
       duction,  Block  KG-D6 established  production. These projects have leveraged  on production. Preliminary results are
       several global benchmarks in terms of  the hub infrastructure in place, thereby  encouraging,” it added. Reliance Gas
       operational performance, including 99.9  reducing cost.            Pipeline, a subsidiary of RIL, operates
       percent uptime and more than 13 years                              the 302-km Shahdol-Phulpur Pipeline
       of incident-free operations, RIL noted.  Coal bed methane          from  Shahdol  (MP)  to  Phulpur  (UP)
                                           RIL is currently producing coal  connecting the CBM gas fi elds with the
          The next wave of projects – R Cluster,  bed methane (CBM) from its block SP  National Gas Grid. This provides access
       Satellite Cluster, and MJ – have been  (West)–CBM–2001/1. More than 300  to consumers across the country.

       POLICY TWEAK
       Bill to amend delinking petroleum operations from

       mining introduced in Rajya Sabha


          Union Minister for Petroleum and                                a very different global energy context,
       Natural Gas Hardeep Singh Puri recently                            requires to be amended to meet the
       introduced  the  Oilfi elds  (Regulation                            needs and aspirations of the country
       and Development)  Amendment Bill,                                  for energy access, energy security, and
       2024 in Rajya Sabha.                                               energy affordability. Further, the govern-
                                                                          ment, in the Bill said, there is an urgent
          The salient features of the amend-                              and pressing need to increase domestic
       ments proposed in the Bill, are delink-                            production of oil and gas to meet the
       ing petroleum operations from mining                               rising demand for energy and reduce
       operations; broadening the scope of the                            import dependence of the country.
       expression ‘mineral oils’; introducing
       the concept of “petroleum lease”; and                                 “In order to unlock valuable mineral
       granting lease on stable terms.     Originally,  oilfi elds,  mines,  and  oil resources, it is necessary to attract
                                         minerals were comprehensively regu-  investment in the sector to infuse
          The introduced Bill is also aimed  lated  together  through the Mines and  necessary capital and technology for
       at strengthening petroleum operations  Minerals (Regulation  and Develop-  expediting petroleum operations in the
       through rules framed for governing vari-  ment) Act, 1948. Subsequently, in 1957,  country by creating an investor-friendly
       ous functional aspects, such as, grants  the Mines and Minerals (Development  environment that promotes ease of doing
       of leases or licenses, their extension or  and Regulation) Act, 1957 was enacted  business, prospects for exploration, deve-
       renewal, and sharing of production and  for the development and regulation of  lopment and production of all types of
       processing facilities including  infra-  mines and minerals under the control of  hydrocarbons, ensures stability, promotes
       structure and safety at oilfi elds; dispute  the Central Government.  adequate opportunities for risk mitiga-
       resolution; and creating an environ-                               tion, addresses energy transition issues
       ment for  facilitating energy  transition   The original Act of 1948 was also  including next-generation cleaner fuels
       by enabling the development of compre-  renamed  as  the  Oilfi elds  (Regulation  and provides for a robust enforcement
       hensive energy projects for harnessing  and Development) Act, 1948, (the said  mechanism for ensuring compliance of
       wind and solar energy along with mineral  Act)  and made  applicable  to  mineral  the provisions of the said Act,” the bill
       oils at oilfi elds.                oils only. The Act, which provides for  read.


       Chemical Weekly  August 27, 2024                                                                147


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