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Top News In Kg Basin Today - Breaking & Trending Today

Reliance gets govt nod for additional investment to raise KG-D6 gas output

Published: April 23, 2024

Reliance and its partner bp Plc currently produce around 30 mmscmd or about 30 per cent of India's gas production, from the KG-D6 block.

Source: indianexpress.com

First cargo of ONGC's crude oil from KG basin block reaches Mangalore refinery, ET Auto

Published: March 10, 2024

KG Basin: The first cargo of ONGC's new crude oil from KG-DWN-98/2 was received at MRPL. The crude oil was brought by a ship named Swarna Sindhu flagged off by Prime Minister Narendra Modi. It will contribute to the Athmanirbhar Bharath mission. The oil is produced using FPSO in Andhra offshore.

Source: indiatimes.com

ONGC cuts peak KG basin crude estimate by 40%

Published: January 8, 2024

Production from its KG-DWN-98/2 block will be slowly ramped up and is expected to reach a peak of 45,000 barrels of crude oil per day and more than 10 mmscmd of natural gas, the state-run explorer said on Monday, without specifying when the peak targets will be reached.

Source: indiatimes.com

Oil from KG basin can fuel ONGC's fortunes. But that's only one side of the story.

Published: January 5, 2024

ONGC, for the first time, is set to produce oil from the D5 block of the Krishna Godavari (KG) basin in one or two days. This can change a lot for the company, which has been under fire for the gradual decrease in output for nearly a decade. Twist in the tale: it can again become a golden goose for the government.

Source: indiatimes.com