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Gas production update from new ONGC fields
Aug 01: The following are the latest updates on gas production by ONGC
8Daman has commenced production, C26 has been completed, both projects are contributing about 3-4mmscmd.
8Vasistha S1 has also commenced production (0.9mmscmd).
8ONGC expects Vasistha to be fully operational by November with an output of 5mmscmd.
8The output from the field is however set to decline after 2-3 years.
8KG-D6 production timelines have been maintained and ONGC foresees no delays in its earlier stated timelines. Drilling contracts have been finalized and rigs will be deployed by
8November. First gas by 2019 and oil by 2020.
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