Cairn, ONGC plans for gas fields nearing completion

Kolkata, June 29

Cairn India and ONGC (Oil and Natural Gas Corporation) have near-finalised the plan for joint development of Ambe and North Tapti offshore marginal gas fields in the Gujarat coast.

According to sources, the project will lead to natural gas production of 1.5 million metric standard cubic metre a day (mmscmd) from Cairn operated Ambe field and 2 mmscmd by ONGC’s North Tapti.

The entire production of 3.5 mmscmd gas and associated oil will be processed at Cairn’s existing operations at Hazira. ONGC and Cairn have opted for the joint development route to optimise the investment in pipeline, processing and other infrastructure in these marginal fields.

Ambe is a satellite gas field of Cairn (40 per cent) operated CB/OS-2 joint venture in Cambay basin.

The other partners in the joint venture are ONGC and Tata Petrodyne. The satellite field, discovered in 2001, is surrounded by ONGC’s North Tapti.

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