#Latest news with #ONGC)Time of India25-05-2025BusinessTime of IndiaONGC JV restarts production at Cauvery BasinOil and Natural Gas Corporation (ONGC) Ltd and its joint venture partners have restarted production from the PY-3 Field in the Cauvery Basin off the eastern coast, 14 years after the field was shut down, the company said in a statement without providing production details. The PY-3 field was brought onstream in 1997 but had been shut since July 2011. A multi-phase revised field development plan was implemented to revive production. Phase I has been completed. Hardy Exploration & Production (India) Inc. is the operator of the block with an effective 22.79% participating interest. ONGC holds a 50.63% participating interest, and Invenire Petrodyne Ltd. holds the remaining 26.58%. - Our Bureau by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Join new Free to Play WWII MMO War Thunder War Thunder Play Now Undo
Time of India25-05-2025BusinessTime of IndiaONGC JV restarts production at Cauvery BasinOil and Natural Gas Corporation (ONGC) Ltd and its joint venture partners have restarted production from the PY-3 Field in the Cauvery Basin off the eastern coast, 14 years after the field was shut down, the company said in a statement without providing production details. The PY-3 field was brought onstream in 1997 but had been shut since July 2011. A multi-phase revised field development plan was implemented to revive production. Phase I has been completed. Hardy Exploration & Production (India) Inc. is the operator of the block with an effective 22.79% participating interest. ONGC holds a 50.63% participating interest, and Invenire Petrodyne Ltd. holds the remaining 26.58%. - Our Bureau by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Join new Free to Play WWII MMO War Thunder War Thunder Play Now Undo
25-05-2025
