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ONGC to Start Commercial Oil Production from KG Block in May 2024

State-controlled Oil and Natural Gas Corporation (ONGC) will start commercial production of crude oil in May next year from its much-delayed flagship deep sea project in Krishna Godavari basin, the Rajya Sabha was informed early this month.

 

In a written reply to a question, Minister of State for Petroleum and Natural Gas Rameswar Teli said ONGC's KG basin project, KG-DWN-98/2, is in "challenging geology".

 

Delays have occurred due to multiple challenges and issues in actual project implementation such as subsurface geological issues, shifting of well locations and surface facilities/processing platform, delays and disruption in project supply chain for vendors spread across multiple countries due to Covid-19 pandemic and challenging weather conditions.

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