The development of this field faced unique technical challenges due to the waxy nature of the crude. To overcome those, ONGC employed innovative Pipe in Pipe technology, a first-of-its-kind initiative in India.
Mumbai, 08 January 2024: ONGC announces the successful commencement of “First Oil” from the deep-water KG-DWN-98/2 Block, situated off the coast of the Bay of Bengal. This 98/2 project is likely to increase ONGC’s total oil and gas production by 11 percent and 15 percent, respectively.
Valiantly combating various technological and COVID-related challenges, ONGC successfully executed Phase 1 of the project in March 2020, achieving the commencement of gas production from the U field of the KG-DWN-98/2 Block in a record time of 10 months.
With the commencement of this first oil on January 7, 2024, ONGC is nearing completion of Phase 2, culminating in the commencement of oil production from the ‘M’ field of KG-DWN-98/2.
The development of this field faced unique technical challenges due to the waxy nature of the crude. To overcome those, ONGC employed innovative Pipe in Pipe technology, a first-of-its-kind initiative in India. While some subsea hardware involved in this development has been sourced internationally to meet specific requirements, the majority of fabrication works were carried out at the Modular Fabrication Facility at Kattupalli, which highlights ONGC’s commitment to promote ‘Make in India’, contributing towards a self-reliant energy sector in India.
The flagship project is on track with the final phase of the project, with the balance of the oil and gas fields in the block scheduled to be put into production by mid-2024. Peak production of the field is expected to be 45,000 barrels of oil per day (bopd) and over 10 MMSCMD of gas, which will contribute significantly towards the vision of the Hon’ble PM of an energy Aatmanirbhar Bharat.
Do Follow: CIO News LinkedIn Account | CIO News Facebook | CIO News Youtube | CIO News Twitter
About us:
CIO News, a proprietary of Mercadeo, produces award-winning content and resources for IT leaders across any industry through print articles and recorded video interviews on topics in the technology sector such as Digital Transformation, Artificial Intelligence (AI), Machine Learning (ML), Cloud, Robotics, Cyber-security, Data, Analytics, SOC, SASE, among other technology topics.