ONGC seeks to engage international oil majors to enhance production from Mumbai High

New Delhi: Maharatna PSU Oil & Natural Gas Corporation (ONGC) is seeking to engage an internationally-proven ‘Technical Service Provider’ for enhancing oil and gas production from one of its prime, but mature assets, Mumbai High fields. In a post on X (formerly known as Twitter), ONGC said that the service provider will be selected through an international competitive bidding process, which it has already floated on June 1.

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“The giant multi-layered Mumbai High field, which commenced production 48 years ago in 1976, is currently in its mature stage of production and ONGC has implemented a number of schemes in this field to improve the production. Mumbai High is one of the prime assets of ONGC and significant upside is still to be unlocked here if ONGC applies best-in-class reservoir management technologies and adopt globally-best operational and management practices,” said ONGC. The bid submission for the tender floated by ONGC is due by September 15.

ONGC wants a technical service provider for Mumbai High for 10 yrs

ONGC said that it wants to collaborate with a global ‘Technical Service Provider’ for a period of 10 years, extendable by another five years. “The identified service provider would carry out a comprehensive review of field performance and identify improvements in Wells, Reservoir including water injection, and Facilities Management (WRFM). It would suggest and help implement suitable technological interventions to improve production. Integrated reservoir / FEED studies and development of detailed work plan for field development would also be within the scope of work,” said the Maharatna PSU.

All international oil and gas majors, having annual revenue above USD 75 billion, are invited to participate in this ICB, ONGC said.

Mumbai High field

Mumbai High field is located 160 kilometres off the coast of Mumbai and accounts for about 38 percent of India’s oil production. While it hit a peak output of 40,000 barrels per day in 1989, the field is currently producing 134,000 bpd and about 10 MMSCMD of gas. Mumbai High is estimated to hold a balance reserve of 80 MT (610 million barrels) of oil and over 40 billion cubic metres of gas.

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