{"id":558143,"date":"2023-02-24T11:08:34","date_gmt":"2023-02-24T05:38:34","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=558143"},"modified":"2023-02-24T12:11:55","modified_gmt":"2023-02-24T06:41:55","slug":"ongc-to-invest-2-billion-in-mumbai-offshore-to-raise-oil-gas-output","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/ongc-to-invest-2-billion-in-mumbai-offshore-to-raise-oil-gas-output\/","title":{"rendered":"ONGC to invest $2 billion in Mumbai offshore to raise oil, gas output"},"content":{"rendered":"<p>India\u2019s top oil and gas producer ONGC will invest over USD 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 \u2013 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>\u201cWe 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,\u201d ONGC Director (Offshore) Pankaj Kumar said.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>India\u2019s top oil and gas producer ONGC will invest over USD 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 \u2013 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. \u201cWe have released a record 103 locations for drilling [&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":[130],"tags":[],"class_list":["post-558143","post","type-post","status-publish","format-standard","hentry","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/558143","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=558143"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/558143\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=558143"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=558143"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=558143"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}