"Collaboration between ONGC and ExxonMobil will be a strategic fit where ONGC’s knowledge and past experience in these areas will be coupled with ExxonMobil’s global insights," ONGC stated.
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2020-12-22 15:35:30 GMT2020-12-22 23:35:30(Beijing Time) Xinhua English
NEW DELHI, Dec. 22 (Xinhua) India s production of crude oil and natural gas fell to 2,486.01 thousand metric tonnes (TMT) during November, said the federal Ministry of Petroleum & Natural Gas on Tuesday.
According to it, the total crude oil production during the last month was 7.25 percent lower than target and 4.91 percent lower when compared with November 2019.
Cumulative crude oil production during April-November was 2,0426.50 TMT which is 5.28 percent lower than target for the period and 5.98 percent lower than the production during the same period of last year.
The shortfall in crude oil production at the Oil and Natural Gas Corporation (ONGC) was mainly attributed to non-availability of electrical submersible pumps (ESPs) at new oil wells in Ratna field in the western offshore on the south west of Mumbai for well completion due to the implications of COVID-19, and delay in installation of new p