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ONGC to develop 50 gas fields

ONGC to develop 50 gas fields

Oil and Natural Gas Corporation (ONGC) plans to invest about Rs 26,000 crore in putting 50 onshore and offshore fields on production, 49 through inhouse efforts and one through service contract.

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ONGC to rethink CBM strategy

ONGC to rethink CBM strategy

ONGC is considering fresh strategies for coal bed methane (CBM) development, nearly two decades after initiating exploration and spending hundreds of crores in largely unsuccessful attempts to bring the assets into production.