North Karanpura is a cbm development 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, lies in block NK-CBM-2001/1. Buy the profile here.
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The project is currently in commissioning stage and is expected to start commercial production in 2024. Final investment decision (FID) of the project was approved in 2016. The development cost is expected to be $76 m. The North Karanpura cbm development will involve the drilling of approximately 26 wells.
Field participation details
The field is owned by Deep Energy Resources, Indian Oil, Oil and Natural Gas and Savla Oil and Gas.
Production from North Karanpura
Production from the North Karanpura cbm development project is expected to begin in 2024 and is forecast to peak in 2026, Based on economic assumptions, the production will continue until the field reaches its economic limit in 2041.
About Oil and Natural Gas
Oil and Natural Gas Corp Ltd (ONGC) is India's largest crude oil and natural gas company. Its primary activities include the exploration and production of oil and gas, with in-house service capabilities in all related areas. The company's main products are crude oil and natural gas, which are used by downstream companies to produce petroleum products such as petrol, diesel, kerosene, naphtha, and cooking gas LPG. ONGC operates through several subsidiaries, including ONGC Videsh, Mangalore Refinery and Petrochemicals Limited (MRPL), and Hindustan Petroleum Corporation Limited (HPCL). These subsidiaries cater to various industries, providing services ranging from oil and gas exploration overseas to the production of petrochemicals and the distribution of petroleum products. ONGC's distribution network includes a pipeline network, aviation service stations, LPG bottling plants, inland relay depots, and retail outlets. 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 North Karanpura CBM Field, buy the profile here.
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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.
