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Central Government/Public SectorProject Information Proposed Onshore Development and Production of oil and gas from 27 Wells in 2 Fileds. INR 3750 Cr INR 37.50 Bn
02-Mar-2019
PID : 24196 Tamil Nadu-India

Project detail :
         
The company has Proposed Onshore Development and Production of oil and gas from 27 Wells in 2 Fileds (Bhuvanagiri & Periyakudi Fields) and expansion of Bhuvanagiri EPS in Cuuvery Basin. ONGC perspective plan 2030, it aspires to increase its share in India’s hydrocarbon consumption from the current 22% to 27% by 2030 and  targeting growth rate of 4-5 %. Whereas as present growth rate 1-2% in last decade. For achieving this growth ONGC will need to maintain focus on its core exploration and  production  (E&P)  business.

Note : Please Download Project Document attached with this Project for more information.


 

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