|
May 18, 2012. ONGC Cauvery Asset has met its production target at 1.50 mms of oil and oil equivalent of gas for the last fiscal of 2011-12. Presently, the oil production from its various fields in the Cauvery basin stood at 750 tonnes per day and gas at 3.54 million cubic meters per day, with major portion of gas being utilised for power generation. ONGC Cauvery Asset has been engaged in exploration and exploitation of hydrocarbons in the two states of Puducherry and Tamil Nadu, with its exploration projects spread over Nagapattinam, Tiruvarur, Cuddalore, Thanjavur and Ramnad districts and Karaikal. The exploration area of ONGC Cauvery Asset is spread over 27,850 sq.km onshore and 30,000 sq. km. offshore and extends from Puducherry in the north to Ramnad in the south and Thanjavur in the West to Karaikal in the east.
|