On 3 October 2007, the board of Oil &
Natural Gas Corporation (ONGC) approved investment proposals of Rs.5,713 crore
for second phase of re-development of Mumbai High in western offshore.
The re-development project will
enhance production from the south field of Mumbai High and will improve the oil
recovery to over 346 million tpa with an incremental oil of 22 million tpa. It
also envisages drilling of 86 infill wells and five new well head platforms and
six clamp-on structures are planned.
Currently, Western Offshore
contributes around 16 million tpa which is over 60 per cent of the total crude
production of ONGC.
Also See:
ONGC to invest
Rs.5,700 crore in Mumbai High re-development project (25-Sep-07)