ONGC sees peak output of 25-30 mscmd from east coast gas block
Quotes

ONGC sees peak output of 25-30 mscmd from east coast gas block

Last Updated: Tuesday, March 4, 2014, 19:35
 
 Comment 0
 
ONGC sees peak output of 25-30 mscmd from east coast gas block
New Delhi: State explorer Oil and Natural Gas Corp expects peak gas output of 25-30 million standard cubic metres per day (mscmd) from its block off the country`s east coast, Exploration Director N K Verma said.

Gas production from the deep water block in the Krishna Godavari (KG) basin will begin in 2017. The northern part of the block holds over 2 trillion cubic feet (tcf) of gas, Verma told reporters.

ONGC, which has also struggled to maintain production from its ageing wells off India`s west coast, has said earlier it hopes to produce from 6 million to 9 million standard cubic metres per day (mscmd) of gas by 2017 from its east coast block.

Last year, it signed an agreement to consider sharing Reliance Industries offshore infrastructure at the KG basin to minimise costs.


PTI

First Published: Tuesday, March 4, 2014, 19:35


Comments


comments powered by Disqus
Reminiscing Lincoln Continental
Reminiscing Lincoln Continental
Jaguar high-wire water crossing
Jaguar high-wire water crossing
2015 DFW Auto Show
2015 DFW Auto Show
Samsung Galaxy S6, Galaxy S6 Edge
Samsung Galaxy S6, Galaxy S6 Edge
Hyundai i20 Active
Hyundai i20 Active

Web Wrap
Contact Us : Privacy Policy : Legal Disclaimer
Copyright © Zee Media Corporation Ltd. All rights reserved