ONGC Board Approves Redevelopment of Heera & South Heera Fields
The Board of Oil and Natural Gas Corporation Ltd. (ONGC), in its 159th meeting on September 06, 2006, has approved investment proposal of Rs. 2305.30 Crore for re-development of Heera and South Heera fields at Mumbai Offshore in the Arabian Sea.
The redevelopment will enhance production with improved recovery and redistribution of water injection, pattern for pattern sweep and pressure maintenance. The Project also includes development of a marginal field B-134 A through Heera facilities which would not have become viable for exploitation on stand-alone basis.
The Project envisages installation of four new well platforms, 72 km of sub-sea pipelines, drilling of 28 wells through new platforms and 6 wells from clamp-on in addition to side tracking of 56 wells. The expenditure on side tracking of wells is estimated to be Rs.700 Crore.
The estimated incremental gain is estimated at 10.685 million metric tonnes (MMT) of Crude Oil and 2.265 Billion cubic Meters (BCM) of Natural Gas by 2030.
Operates 36 Offshore Rigs
Manages 8 Offshore Rigs
- Sources: India ONGC Strikes 'Good' Offshore Oil, Gas Find (Sep 20)
- India To Acquire Seismic Data Of 48,000 Line kms To Boost Oil, Gas Output (Sep 12)
- Biggest Indian Explorer Is Said to Plan First Ever Borrowings (Aug 10)