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SINGALE 1-24.cdr - ONGC

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Insights on performance<br />

Director (Onshore)<br />

A K Hazarika<br />

Onshore Production refers to production from inland assets, which has its unique characteristics and challenges. In the<br />

current scenario, it is crucial to maintain the recovery of oil and gas and ensure productivity from existing fields with<br />

necessary safety measures. Improved production systems (including improvement in the recovery factor), optimum<br />

recovery of flared gas and carbon management are some of the pivotal areas, that have been taken up on priority.<br />

Improving the recovery factor of existing assets<br />

At present, nearly, 70% of the oil production comes from mature fields. These fields are likely to have a decline in production<br />

rate, since they have been have been operational for a significant period of time. The major challenge is to overcome the<br />

natural decline of the 25-30 year old fields while improving energy and resource efficiency. In line with our strategic goals,<br />

we have been successful in attaining enhanced and improved oil recovery from our mature fields. As against a global norm<br />

of 7-8 percent crude oil production decline rate from such mature fields, we have been able to maintain the annual decline<br />

rate at 2% during the reporting period.<br />

Sustained production can be achieved through an integrated approach. This includes adopting modern technology,<br />

partnering with internationally acclaimed experts for providing world class services and work practices and taking field<br />

specific initiatives to enhance production. We have invested more than INR 209.44 billion since 2001 in 21 Increased Oil<br />

Recovery and Enhanced Oil Recovery (IOR & EOR) and redevelopment projects across our assets (14 have been<br />

completed and 7 are under implementation). The incremental gain from the projects has been 7.97 million metric tons<br />

during the reporting year leading to a cumulative gain of 56 million metric tons since inception.<br />

"As our well charted strategy, we implemented Increased Oil Recovery and<br />

Enhanced Oil Recovery schemes that have ensured sustained supply of Oil<br />

and Gas."<br />

<strong>ONGC</strong>'s onshore operations: Delivering environmentally conscious energy security<br />

16

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