Offshore staff
DEHRADUN, India -- ONCG's board has funded development of C-series field 60 km off Daman in Tapti Daman block of Mumbai offshore.
The field, with water depths ranging from 19 to 35 m, is estimated to hold reserves of 15.54 bcm of gas and 4.46 MMcm of condensate.
First phase completion is schedluled by December 2008. Eight platforms and 17 wells will be drilled to develop the marginal field.
Though the field was discovered in 1990s, ONGC said it has become viable only recently due to prices for natural gas.
8/14/06
