SINGALE 1-24.cdr - ONGC
SINGALE 1-24.cdr - ONGC
SINGALE 1-24.cdr - ONGC
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Insights on performance<br />
Director (Offshore)<br />
Sudhir Vasudeva<br />
We commenced our offshore venture in March 1970. With the first oil discovery in the Miocene limestone reservoir of<br />
Mumbai High field in February 1974, we put India on the global hydrocarbon map.<br />
Some of the critical issues faced by us are the higher lead-time in monetization of accretion, especially in deep waters,<br />
limited availability of deepwater resources including expert specialist contractors resulting in higher costs.<br />
For sustaining and augmenting oil production, we have decided to develop marginal fields discovered in last three<br />
decades where production was postponed due to various technological and economical reasons.<br />
In the offshore operations, we have initiated several projects for flare reduction and have developed a comprehensive<br />
knowledge base on this subject. Under the ‘Methane to Markets” program, we installed low pressure compressors at<br />
Neelam and Heera process complexes which would help recover about 62,000 SCMD at each of these process<br />
complexes. We are also implementing tank vent recovery from intermediate storage tanks at our Uran gas processing<br />
plant, where recovery of around 20,800 cubic meters of gas per day is estimated.<br />
Security stands as the paramount concern for our offshore installations. The onus of security of our offshore installations<br />
preponderantly lies on the shoulders of the Indian Coast Guard and the Indian Navy. We conduct regular briefing and<br />
sensitization of Offshore Installation Managers (OIMs) on offshore security threats and an exchange of intelligence<br />
maintained regularly with the Indian Navy, Coast Guard and other security agencies. Offshore Contingency exercises and<br />
drills are conducted periodically in all locations. With a view to further strengthening security, we have planned an<br />
adequacy assessment through reputed agencies specializing in security.<br />
An offshore production facility in Mumbai High<br />
Fire-drill by a Multipurpose Support Vessel (MSV) at offshore<br />
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