Reliance and BP will begin to develop ‘Satellite cluster’ deep-water gas fields in India.
This is the second of three projects.
All the three projects will bring 1 bcf/d of new production by 2022.
See below Reliance- RIL/BP Media Release:
Meanwhile for ONGC (the largest Oil and Gas Company in India):
-ONGC was no able to achieve their target of crude production in 2017-18. ONGC output was at 22.2 MMT against a target of 23 MMT.
- On the gas front, the performance of the ONGC
-ONGC produced 2013.61 MMSCM of gas in March, which is 8.7% lower than the monthly target while in all of 2017-18, output was at 23429.47 MMSCM , 3.22% lower than the target.