Monday 22 September 2014

Epic Research : ONGC Update

Epic Update ONGC

Oil and Natural Gas Corporation (ONGC) has invested Rs 81,890 crore in bringing on stream newer discoveries and arrest natural decline that has set in its ageing fields. The company’s major oil and gas producing fields are ageing and showing natural decline. However, it has taken measures to arrest this trend and uphold production from such fields.



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