News for 'gaffney-cline'

ONGC has 1.7 bn tonne of oil reserve

Government plans to sell 5 per cent of its shareholding in ONGC in the follow-on public offer next month.

RIL strikes 2 more gas reserves in KG basin

In addition to undertaking to validate prospects identified by the joint venture, GCA employed a play-based exploration methodology on the D3 block to address both the current prospect inventory and the 'yet to find' resource potential. In D3, GCA estimated 9.5 Tcf of inplace reseves. D-3 and D-9 blocks in the same KG basin may hold 9.5 Tcf and 10.8 Tcf of gas reserves respectively, UK-based Hary Oil and Gas Plc said.

India rejects gas import price

India and Pakistan have rejected the gas import price worked out by a consultant appointed by Iran as part of the over $7 billion tri-nation pipeline project.

ONGC hires consultant to boost output

Reliance's gas find a blockbuster

Reliance Industries' gas field off the Orissa coast holds 2.3 trillion cubic feet of gas reserves, more than double the previous estimates.

RIL's wait for higher gas price to get longer

Mukesh Ambani's Reliance Industries (RIL) might be denied a higher gas price from its D1 and D3 fields until the arbitration process with the government is over and a third-party expert report on the fall in output at the KG-D6 block is out.

KG-D6 wells' output could touch zero by 2021-22

The 25-year production sharing contract, however, ends in 2029.

Blow to RIL: Panel refuses to take view on experts' appointment

The Management Committee headed by Director General of Hydrocarbons R N Choubey refused to take a view on appointment of renowned reservoir consultants Ryder Scott, DeGolyer and MacNaughton, Gaffney, Cline & Associates or Netherland, Sewell & Associates to ascertain if RIL's claims of fall in reserves are actually true or the firm was hoarding gas by producing less, official sources said.

The Rs 30,000 crore fight over gas

A Texas company will submit a report by June on whether a company controlled by RIL 'stole' natural gas from the wells where ONGC is contracted to operate in the KG basin, as alleged by ONGC.