India’s ONGC says new projects to reverse declining oil output from matured fields
November 15, 2023 Comments Off
India’s state-run Oil and National Gas Corp said it witnessed a drop in oil and gas output in July-September due to lower volumes from matured fields and weather-related disruptions, but production from new projects in coming quarters would more than offset that decline. According to ONGC, its crude output fell 2% year on year to 5.25 million mt (416,576 b/d)…
India’s ONGC says new projects to reverse declining oil output from matured fields
India’s state-run Oil and National Gas Corp said it witnessed a drop in oil and gas output in July-September due to lower volumes from matured fields and weather-related disruptions, but production from new projects in coming quarters would more than offset that decline. According to ONGC, its crude output fell 2% year on year to 5.25 million mt (416,576 b/d)…
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