Madanam is a producing conventional oil field located onshore India and is operated by Oil and Natural Gas. According to GlobalData, who tracks more than 34,000 active and developing oil and gas fields worldwide, the field is located in block CY-ONN-2002/2. Buy the profile here.
Field participation details
The field is owned by Bharat Petroleum and Oil and Natural Gas.
Production from Madanam
The Madanam conventional oil field recovered 29.76% of its total recoverable reserves, with peak production in 2020. The peak production was approximately 2.91 thousand bpd of crude oil and condensate and 2.00 Mmcfd of natural gas. Based on economic assumptions, production will continue until the field reaches its economic limit in 2083.
Remaining recoverable reserves
The field is expected to recover 13.60 Mmboe, comprised of 12.34 Mmbbl of crude oil & condensate and 7.58 bcf of natural gas reserves.
About Oil and Natural Gas
Oil and Natural Gas Corp Ltd (ONGC) is an integrated energy company operating along the hydrocarbon value chain. It discovers, produces, refines, and markets oil and gas, and also manufactures petrochemicals. ONGC also carries out power generation and has considerable renewable energy operations. The company carries out refining operations through Mangalore Refinery and Petrochemicals Ltd and Hindustan Petroleum Corporation Ltd. It sells products to oil refining and gas marketing companies. In addition, the company conducts overseas operations through its subsidiary, ONGC Videsh Ltd (OVL). It has operations in Latin America, the Middle East and Africa, Asia-Pacific, and Europe. ONGC is headquartered in New Delhi, India.
For more details on the Madanam Conventional Oil Field, buy the profile here.
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GlobalData, the leading provider of industry intelligence, provided the underlying research used to produce this article.
This information is drawn from GlobalData’s Oil & Gas Intelligence Center, which provides detailed profiles of 34,000+ oil and gas fields, 400,000+ exploration blocks, 1,100+ LNG terminals, 3,400+ gas processing plants, 5,000+ storage terminals, and 8,000+ pipelines, 1,400+ refineries and 13,000+ petrochemical plants worldwide.
