India’s ONGC Launches Production Expansion Campaign

India’s Oil and Natural Gas Corporation has begun a campaign to boost oil and gas production through well optimization and accelerating the start of production at recently made discoveries, the company has said, as quoted by Fortune India. ONGC produces some 70% of India’s crude oil and 84% of its natural gas. However, the company has witnessed a gradual decline in both oil and gas production due to natural depletion, which it wants to reverse in order to boost self-sufficiency in hydrocarbons. Between 2020 and 2025, ONGC’s crude…