Project Profile
Location: Panna field is 95 kilometres (59 mi) northwest of Mumbai, Mukta field is about 100 kilometres (62 mi) northwest of Mumbai, India
Area: 430 sq km (Panna), 777 sq km (Mukta)
Water Depth: 45m-65m
Rescoverable reserves: 287 million barrels
Production: 12,000 barrels per day
The Panna field is 95 kilometres (59 mi) northwest of Mumbai, and has an area of 430 square kilometres (170 sq mi). The Mukta field is about 100 kilometres (62 mi) northwest of Mumbai, and has an area of 777 square kilometres (300 sq mi). Average water depth is 45 metres (148 ft) in the Panna field and 65 metres (213 ft) in the Mukta field. As of May 1999 estimated recoverable reserves of oil were 287 million barrels. The Panna-Mukta oil field and the Tapti gas field to the north were discovered by the Indian state-owned Oil and Natural Gas Corporation (ONGC), who initially operated the fields. In December 1994 a joint venture between ONGC (40%), Enron (30%) and Reliance (30%) took control of the field. In 2002 British Gas (BG) bought Enron\'s 30% share of the Panna-Mukta and Tapti fields for US$350 million.
Operators:
Oil & Natural Gas Corporation (ONGC): Operator with 40% interest
BG Group: 30% interest
Reliance: 30% interest
Contractors:
BJ Services: Provide conductor-driving services
Larsen & Toubro: Engineering, Procurement, Construction and Installation of one wellhead platform and subsea pipe laying
Subcontractors:
TL Offshore: Subcontract for transportation and installation works for the British Gas Exploration & Production India Ltd Mukta B platform and pipeline project by Larsen & Toubro Ltd through L&T Sapura Offshore Ptd Ltd, which is an Indian joint-venture (JV) company between L&T and Nautical Power Pte Ltd, including tie-ins, transportation and installation engineering, procurement and provision of riser clamps for risers at existing platforms, pre-commissioning and project management.