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ONGC start oil production from offshore India block

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ONGC start oil production from offshore India block

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Natural Gas News
ONGC start oil production from offshore India block

Summary

The company sees peak production of 45,000 barrels/day and 10mn m3/day of gas from the KG-DWN-98/2 block offshore India's east coast. [Image: ONGC] by: Shardul Sharma

Indian state-owned energy producer, ONGC, on January 7 announced a successful start of oil production from the deep-water KG-DWN-98/2 bloc...

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Natural Gas & LNG News, Asia/Oceania, Security of Supply, Corporate, News By Country, India

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Related Knowledge Center: ENERGY BASICS: petroleum

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While electric-powered vehicles may be the ride of the future, oil remains at least for now the dominant fuel for transportation around the world. And after a period of time at the end of the 20th century when oil was subject to wide fluctuations in price, new supplies in North America as a result of non-conventional recovery techniques have helped stabilize prices.

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