Niko Resources Ltd NKRSF

ONGC-Cairn jointly utilise gas facilities

[Dell1]

https://www.financialexpress.com/article/economy/ongc-cairn-jointly-utilise-gas-facilities/153802/

As reported by FE earlier, the US-based international consultant DeGolyer and MacNaughton (D&M) recently said in a draft report that RIL extracted at least 9 billion cubic metres of gas from ONGC’s block in the KG Basin block, which is contiguous with RIL’s KG-D6 block. Reservoir connectivity, meaning when any oil and gas block is continuous underground, is not a new phenomenon in the hydrocarbon industry, according to analysts. There are several such cases in the oil-rich Gulf countries. According to industry watchers, an exploration company was producing oil from an Abu Dhabi offshore field known as Sassan, whose reservoir was spread across the international boundary between Abu Dhabi and Iran.