To enhance gas production from Daman Development project
Oil & Natural Gas Corporation announced that the Board of the Company at its meeting held on 28 August 2014, has approved the investment of Rs 5219 crore towards Daman Development project to enhance production of natural gas and condensate in its Tapti Daman Block in the Arabian Sea.The project is located about 90-100 km from Daman coast and includes additional development of C-24 field and monetisation of B-12 marginal fields (B-12-11, B-12-13 and B-12-15).
The production is expected by July 2016 with peak production rate of 8.35 MMSCMD of gas and 9,286 barrels of condensate per day.
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