India: ONGC's Ambitious East Coast Project Gets Underway
The Minister of Petroleum & Natural Gas and Skill Development & Entrepreneurship, Mr. Dharmendra Pradhan, flagged off ONGC’s prolific east coast project of KG-DWN-98/2 by spudding its first well #KDG-A on April 8. The Minister spudded the well from the drillship ‘Platinum Explorer,’ 35-km off the Andhra Pradesh coast in the Bay of Bengal.
The well #KDG-A is one of the 34 planned under this mega project. It has a target depth of 2,346-m, under a water depth of 518-mn, and is expected to produce around 5,000-bpd of oil when put to production.
This ambitious project of ONGC is to cumulatively produce around 25-mt of oil and 45-bcm (billion cubic metres) of gas with peak production of 78,000-bpd of oil and 15-mmscmd of gas. ONGC expects to bring the first gas from this project to market by 2019-end and oil by 2020.
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