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News Brief | August 2014

US consultant to verify ONGC claim

Texas-based DeGolyer and MacNaughton (D&M), an international petroleum consultant, is set to assess ONGC´s claims that gas from its East Coast fields was being drawn by Reliance Industries Ltd (RIL), which operates a neighbouring block. The Directorate General of Hydrocarbons has conveyed this to ONGC, which will appoint the firm along with RIL. Ideally, the two sides should have resolved the issue across the table, as these are natural geological concurrences and not man-made boundaries. But they were unable to do so. After a series of meetings, ONGC and RIL finally decided to appoint an independent consultant to resolve the dispute. After ONGC requested the Government for data on the RIL-operated KG-D6 block, to study the continuity of the reservoir, the technical teams of the two companies started examining data.
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