The block is divided into three clusters: 1, 2 and 3.
ONGC
New Delhi: State-owned oil explorer ONGC board on Monday approved an investment of Rs 34,000 crore — the highest ever by the state run oil explorer — to develop Krishna-Godavari basin deep water KG-DWN 98/2 block’s cluster 2.
The block is divided into three clusters: 1, 2 and 3. The Cluster 2 is projected to produce a total of 23.5 million tonnes (MT) of oil and 50.7 billion cubic metre of gas over the life of the field.
It is expected to hit net peak production of 77,000 barrels per day (bpd) of crude oil and 16.29 million metric standard cubic metres per day (mmscmd) of gas by 2021-22.
( Source : Deccan Chronicle. )
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