Nov 19: The basic tug-of-war between a service provider and the E&P owner when it comes to Production Sharing Contracts is over whether the service provider is merely tinkering around with the baseline production level or really investing money in additional drilling facilities to get out the incremental barrel.
8There is mutual suspicion on both sides over this subject
8Find out more on how ONGC is planning to resolve this issue with the service providers
8Which are the two fields where models PECs are to be implemented first before they are extended to other producing fields
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