A consortium of Oil and Natural Gas Corporation and an arm of Essar Energy have struck natural gas in the Mumbai High fields, an ageing reservoir in the Arabian Sea. Indianmandarins has learnt that the consortium of ONGC and Essar Exploration and Production Ltd (Mauritius) has filed details of the discovery with the Directorate General of Hydrocarbons (DGH).
The gas discovery was made in the first exploratory well of the Block MB-OSN-2005/3 in the Mumbai Offshore Basin, which the consortium bid for as part of New Exploration Licensing Policy (NELP) VII.
ONGC has 70 per cent participating interest in the block, while Essar holds the remaining 30 per cent with a production sharing contract with the government of India.ONGC is the operator of the field, while Essar mapped the target field.
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ONGC-Essar consortium strike gas in Mumbai High fields
By IndianMandarins - 2016-02-23 10:58:35
A consortium of Oil and Natural Gas Corporation and an arm of Essar Energy have struck natural gas in the Mumbai High fields, an ageing reservoir in the Arabian Sea. Indianmandarins has learnt that the consortium of ONGC and Essar Exploration and Production Ltd (Mauritius) has filed details of the discovery with the Directorate General of Hydrocarbons (DGH).
The gas discovery was made in the first exploratory well of the Block MB-OSN-2005/3 in the Mumbai Offshore Basin, which the consortium bid for as part of New Exploration Licensing Policy (NELP) VII.
ONGC has 70 per cent participating interest in the block, while Essar holds the remaining 30 per cent with a production sharing contract with the government of India.ONGC is the operator of the field, while Essar mapped the target field.
