State-controlled Oil and Natural Gas Corporation (ONGC) has started oil production from its much-delayed flagship deep-sea project in Krishna Godavari basin in Bay of Bengal, helping reverse years of decline in output, the company said.
ONGC has started producing from the Cluster-2 project in KG-DWN-98/2 block and will slowly ramp up output.
Oil Minister Hardeep Singh Puri said “first oil production commences from complex and difficult” block.
He did not indicate the current output but said “production is expected to be 45,000 barrels per day and over 10 million standard cubic metres per day of gas”.
