ONGC doing feasibility on Mumbai High re-development

ONGC doing feasibility on Mumbai High re-development
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First Published: Thu, Aug 30 2007. 05 15 PM IST
Updated: Thu, Aug 30 2007. 05 15 PM IST
PTI
New Delhi: State-run Oil and Natural Gas Corp (ONGC) is carrying out feasibility study for the next phase of re-development of its prime Mumbai High oil and gas fields, the Lok Sabha was informed on 30 August.
“In order to maintain the high level of production and further improve the oil recovery from Mumbai High field, the feasibility study for next phase of re-development programme is being carried out by ONGC,” Minister of State for Petroleum and Natural Gas, Dinsha Patel, said in a written reply.
The quantum of investment proposed to be made for next phase of redevelopment programme and the likely increase in the production of crude oil and gas would depend on the feasibility study, he said.
To arrest the oil production decline in Mumbai High field, major initiatives in the form of redevelopment programme were launched by ONGC in 2000-01. These projects were re-development of Mumbai High North and Mumbai High South.
“The inputs envisaged under these projects have been completed by April 2007. The implementation of these projects has successfully arrested the production decline from Mumbai High field,” he said.
A project for additional development of A1 Layer of L-III reservoir of Mumbai High North is currently under implementation and would be completed during 2007-08.
To another question, Patel said the cost of ONGC’s crude oil production during 2006-07 from nominated field was in the range of Rs8,485 per tonne to Rs10,458 per tonne.
The cost of natural gas production in 2006-07 was in the range of Rs3.353 per cubic meter to Rs3.896 per cubic meter.
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First Published: Thu, Aug 30 2007. 05 15 PM IST
More Topics: ONGC | Mumbai High | Dinsha Patel | crude | gas |