Oil and Natural Gas Corporation (ONGC), the country’s largest producer of oil and gas, is looking at drilling 200 wells across various fields in Sivasagar district of Assam at a cost of Rs 6,000 crore, the firm said in an application submitted to the environment ministry. The company said that the Assam asset (Nazira) covers the entire North Assam Shelf, which consists of major oil and gas producing fields such as Geleki, Lakwa, Lakhmani, Laipilingaon, Rudrasagar, Charali, Changmai gaon and Disangmukh oilfields and satellite fields in Sivasagar district.
‘Though these Nazira sector oilfields have been established, they need to be developed through drilling at various locations. For the development of these fields of North Assam Shelf, 200 development locations are proposed to be drilled during the next seven years starting from the year 2018-2019 in the fields of Sivasagar district,’ the company said in its application.
ONGC’s cumulative crude oil production from Assam fields during the April-October 2018 period increased 2.12 per cent to 585.17 thousand tonne (TMT), while natural gas production during the period from Assam fields declined 4 per cent to 288 million standard cubic meters (MMSCM).
ONGC missed its oil production target for Assam in 2017-18. It had set a target to produce 5.9m barrels over the fiscal but produced only about 5.7m barrels. The corporation is working towards achieving its ‘Mission 2600’ that aims to raise Assam’s asset production.