Exploration & Production

ONGC delays startup at KG block

India’s state-owned Oil and Natural Gas Corp. has delayed the start of gas production at the KG-DWN-98/2 Block in the Krishna-Godavari Basin until December 2019
By Staff reporter 9 July 2018 0 31654

India’s state-owned Oil and Natural Gas Corp. has delayed the start of gas production at the KG-DWN-98/2 Block in the Krishna-Godavari Basin until December 2019, according to DNA India.

The company has reworked the $5.07 billion development schedule because of the inclusion of gas in India’s goods and sales tax.

First gas from the block was expected in June 2019, with first oil expected to flow in March 2020. ONGC revised the dates in April after spudding the project’s first 34...