Tuesday, 13 October 2015

ONGC's Rajamundary asset: Rs 800 crore plan to drill 72 more wells

ONGC is planning to drill another 72 development wells in its Rajamundary asset located in Andhra Pradesh.
8The initial cost of project is pegged at Rs. 792 crore.
 8Out of these 72 wells, 48 wells are proposed in the East Godavari district, 12 in the West Godavari district and another 12 wells in the Krishna district.
8The wells will enhance oil and gas production from existing reservoirs by raising the recovery factor.
8The locations are planned to be taken up for drilling are in the Godavari onland and West Godavari PML blocks.
8The drilling activity will take up 2 to 3 months for each  well.

For more details visit indianpetroplus.com

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