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CONNECTED OIL RESERVOIR
India aims to attract USD 100 bn in investment, expand exploration acreage: Srikant Nagulapalli DGHIndia is targeting significant growth in its energy sector. The nation plans to attract USD 100 billion in investments by 2030. Exploration...- Six-Million-Year-Old Water Discovered Beneath Sicily: How Scientists Uncovered This Hidden TreasureScientists unearthed a colossal six-million-year-old freshwater aquifer beneath Sicily's Hyblaean Mountains, holding an estimated 17.5 cubi...
- Connected oil reservoir? Share or surrenderThe oil ministry proposes allowing oil companies to jointly develop oil fields with connected reservoirs, aiming to avoid disputes like the...
- OIL to challenge Pollution Control Board closure notice in Gauhati High CourtOil India Limited (OIL) will file writ petition in the Gauhati High Court challenging Pollution Control Board, Assam (PCBA) which served a ...
- Assam gas leak: Placement of blow out preventer huge challenge, says OILThree experts of Singapore based firm “M/s Alert Disaster Control” will reach Duliajan, late evening on 7th June, 2020. The delay in their ...
- Govt nod must for producing from oilfields with extended reservoirThe government has amended the Model Revenue Sharing Contract (MRSC) of Discovered Small Fields Bid Round-II to insert two key points on re...
- ONGC Videsh discovers oil in Colombia“The (Indico-1) well was successfully logged and found to have 284 feet of gross thickness and 241 feet net pay, single hydrodynamically co...
- Government to appeal against arbitration panel rejecting its $1.5 billion claim against RelianceThe Oil Ministry had sought an opinion of the Law Ministry on the July arbitration award going against the govt.
- Government to appeal against arbitration panel rejecting its $1.5 billion claim against RelianceThe government is likely to appeal against a ruling by an international tribunal that rejected its USD 1.55 billion claim against Reliance ...
- Blame game: ONGC, DGH deny prior knowledge of RIL drawing gasAfter receiving their response, it sent questionnaires to RIL, ONGC, DGH and the exploration division of the oil ministry on this.
- Contractors sharing a common reserve will have to develop the oil field jointly: Govtgovernment unveiled Hydrocarbon Exploration and Licensing Policy (HELP) last year, which replaces the New Exploration Licensing Policy (NEL...
- RIL, ONGC under lens over KG Basin disputeThe Committee has observed that the 2003 Appraisal Report prima facie reveals that RIL had prior knowledge about connectivity and continuit...
- ONGC denies prior knowledge of link with RIL gas fieldShah Committee last week opined that Reliance Industries should pay the government for the "unjust enrichment" by way of drawing natural ga...
- Reliance Industries gained unduly from gas migration from ONGC's KG Basin: Probe panelAP Shah submits report on ONGC-RIL gas migration dispute to oil minister; report asks if both companies knew of gas flow and yet kept quiet.
- ONGC may not get much compensation in gas dispute with RILUS-based consultant DeGolyer and MacNaughton (D&M) has been appointed by the two firms to study if the two blocks are contiguous.
- ONGC field's gas escaped to RIL field: DeGolyer and MacNaughtonA reputed international consultant D&M is believed to have opined that some natural gas from ONGC's idling Bay of Bengal gas fields may hav...
- RIL counters ONGC claims, says no connectivity between blocksRIL said ONGC had "no locus standi to file the petition" as the suit was filed "entirely on the belief" of ONGC, rather than on technical d...
- RIL contests ONGC's allegation of gas theft from its blocksONGC had on May 15 moved the Delhi High Court alleging that RIL may have drawn natural gas worth thousands of crores of rupees from its fie...
- ONGC writes to DGH about possibility of RIL drawing gas from blocks allocated to itMultiple sources in the government and ONGC confirmed the state-run oil producer has formally written to the Director-General of Hydrocarbo...
- Reliance drills two dry wells in KG-D6Reliance Industries has drilled two new wells in its KG-D6 gas block, but both have turned out to be almost dry, with very little hydrocarb...
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