HomeNational

ONGC loses Gas Worth 11055Cr

Like Tweet Pin it Share Share Email

About 11.12 billion cubic metres of natural gas which is worth Rs 11,055 crore have flowed from idling Bay of Bengal blocks of the state-owned ONGC to neighboring KG-D6 fields of Reliance Industries.

image via energymixreport.com
image via energymixreport.com

 What the actual detail is?

The report was assessed by a US-based consultant DeGolyer and MacNaughton (D&M). In report, D&M established that reservoirs in ONGC’s Krishna Godavari basin KG-DWN-98/2 (KG-D5) and the Godavari Producing Mining Lease (PML) are connected with Dhirubhai-1 and 3 (D1 & D3) field located in the KG-DWN-98/3 (KG-D6) Block of RIL.

image via ongc
image via ongc

D&M was jointly appointed by ONGC and RIL to find if the neighbouring fields are connected.