State-run explorer ONGC, for long the government’s whipping boy for declining output, has managed a global feat by restoring the 28-year-old Bassein gas field on the west coast to its past glory and is poised to score record production next year.
Three years of extensive efforts to rejuvenate the field has seen production rising by almost a quarter to 30 million cubic meters per day (mcmd) and is expected to rise to 34 mcmd shortly before hitting 37 mcmd by December 2018, according to company executives. Read More…
Credit By: The Times Of India
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