ONGC to start commercial oil production from KG block in May 2024

New Delhi, December 04, 2023.

ONGC will in May next year start commercial production of crude oil from its much-delayed flagship deepsea project in Krishna Godavari basin.

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.