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 42.61% of its total recoverable reserves, with peak production in 2019. Based on economic assumptions, production will continue until the field reaches its economic limit in 2056.
About Oil and Natural Gas
Oil and Natural Gas Corp Ltd (ONGC) is an integrated energy company operating along the hydrocarbon value chain. The company discovers, produces, refines, and markets oil and gas, and also manufactures petrochemicals. ONGC also carries out power generation and has considerable renewable energy operations. It 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 to this, 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.