The Oil and Natural Gas Corporation (ONGC) is planning to spend around Rs 657.73 billion for ramping up production from 13 field development projects and three enhanced oil recovery/improved oil recovery (EOR/ IOR) projects. As per reports, the ongoing field development and EOR/IOR projects are expected to produce a cumulative 54.6 mt of crude oil and 114 billion cubic metres (bcm) of natural gas in the next three-four years.
