ONGC marginal fields to boost output by a tenth in next 2 years - Business Standard

State-run Oil and Natural Gas Corporation will bring to production various clusters of its marginal fields on the western offshore in the next two years.

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This, according to a senior ONGC official, would add six million tonnes of oil and 12-15 million standard cubic metres of gas per day to ONGC's current production. ONGC accounts for 79 per cent of India's crude oil and 54 per cent of natural gas production. It produced 52.05 million tonnes of oil equivalent (mtoe) from its domestic fields (including joint ventures) during 2009-10 against 52.45 mtoe in 2008-09. The production from marginal fields would amount to more than a tenth of the current production and help meet the shortfall created by decline in production from the existing fields.

ONGC marginal fields to boost output by a tenth in next 2 years - Business Standard