The joint venture had informed India’s government of their intention of abandoning the field and associated facilities on cessation of production.
ONGC intends to re-use the processing platforms and associated export pipelines for its Daman and C-26 Cluster developments in order to enhance production of gas and condensate from theDaman block in the Arabian Sea.
Production from these two projects is expected to start during the second quarter of the current financial year, building to a peak of around 11 MMcm/d of gas and more than 11,000 b/d of condensate.
Currently 10 new wellhead platforms, one riser platform, subsea pipelines, and other facilities are under construction for these projects, which involve drilling of 36 wells.
The Tapti process platform will be modified to receive the gas.
According to ONGC, this asset transfer agreement is the first of its kind inIndia’s E&P sector.
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