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ONGC begins gas production from KG-D5 block

18 Mar 2020 Evaluate

Oil & Natural Gas Corporation (ONGC) has begun gas production from its most promising block in the Krishna Godavari basin in the Bay of Bengal and is planning a ramp up production in coming weeks. The company’s KG-DWN-98/2 or KG-D5 block, which sits next to Reliance Industries' flagging KG-D6 area, holds key to the company's output profile that is constrained by aging fields.

The company began production from the first well on the KG-D5 block and is currently producing around 0.25 million standard cubic meters per day. It is doing a build-up mapping and the production is likely to rise to 0.75 mmscmd within next few weeks.

ONGC is India’s largest government-run corporation and produces about 70% of India’s crude oil and natural gas. The corporation is the biggest public sector commercial organization in India.

ONGC Share Price

283.20 0.15 (0.05%)
22-Apr-2026 13:32 View Price Chart
Peers
Company Name CMP
ONGC 283.20
Oil India 466.35
Jindal Drilling&Inds 540.05
Deep Industries 479.15
Asian Energy Service 319.50
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