As it doubles down on efforts to raise productivity from mature and ageing fields, the state-owned Oil and Natural Gas Corporation (ONGC) has commissioned two projects worth Rs 6,000 crore to add 7.5 million tonnes of oil production and 1 billion cubic metres of gas output over the life of the Mumbai High fields.
As part of the Mumbai High South Redevelopment Phase-IV, the business spent Rs 3,740.00 crore on a state-of-the-art 8-legged water injection-cum-living quarter platform, while Rs 2,292.46 crore was spent on the Cluster-8 marginal field development project at Mumbai High, according to a statement.
“The two projects will result in an incremental gain of 7.5 million tonnes of oil and more than 1 BCM of gas,” it said.
