{"id":558021,"date":"2023-02-24T09:49:22","date_gmt":"2023-02-24T04:19:22","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=558021"},"modified":"2023-02-24T10:45:47","modified_gmt":"2023-02-24T05:15:47","slug":"ongc-to-invest-2-bn-in-mumbai-offshore-to-raise-oil-gas-output","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/ongc-to-invest-2-bn-in-mumbai-offshore-to-raise-oil-gas-output\/","title":{"rendered":"ONGC to invest $2 bn in Mumbai offshore to raise oil, gas output"},"content":{"rendered":"<p>India&#8217;s top oil and gas producer ONGC will invest over $2 billion in drilling a record 103 wells on its main gas-bearing asset in the Arabia Sea as it pivots a turnaround plan that will add 100 million tonnes to production, a company official said.<\/p>\n<p>Oil and Natural Gas Corporation (ONGC) has three main assets off the west coast &#8211; Mumbai High, Heera and Neelam, and Bassein and Satellite, which contributed the bulk of 21.7 million tonnes of oil and 21.68 billion cubic metres of gas it produced in 2021-22.<\/p>\n<p>&#8220;We have released a record 103 locations for drilling of wells on the Bassein and Satellite (B&amp;S) assets over the next 2-3 years,&#8221; ONGC Director (Offshore) Pankaj Kumar said.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>India&#8217;s top oil and gas producer ONGC will invest over $2 billion in drilling a record 103 wells on its main gas-bearing asset in the Arabia Sea as it pivots a turnaround plan that will add 100 million tonnes to production, a company official said. Oil and Natural Gas Corporation (ONGC) has three main assets off the west coast &#8211; Mumbai High, Heera and Neelam, and Bassein and Satellite, which contributed the bulk of 21.7 million tonnes of oil and 21.68 billion cubic metres of gas it produced in 2021-22. &#8220;We have released a record 103 locations for drilling of [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[135,130,169],"tags":[],"class_list":["post-558021","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-newspapers","category-oil-gas-business-standard-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/558021","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=558021"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/558021\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=558021"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=558021"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=558021"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}