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Bets are on ONGC as gas output to go up 15% annually
Jul 04: ONGC is expected to witness gas production growth of 10-15% annually for the next five years, according to one set of projections
8The rise in output is to be led by the Daman, C26, S1, Vashishta and Bassein fields
8The picture will rosier when out from the KG-DWN-98/2 field kicks in.
8Another healthy projection is that oil production is expected to increase from the nominated fields like WO16, Vasai East and Ratna & R-series.
8So, even though prices are low, without having to fork out subsidies on under recoveries, the prospects are bright for the company, the analysis goes.
Click on Reports to find out more on what this analysis has to say  


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