British Gas expands in India

British Gas Plc, along with its partners Reliance Industries and Oil and Natural Gas Corp. (ONGC), will invest USD 138 million to improve production at the Panna/Mukta and Tapti oil and gas fields. “The Government of India has approved production enhancement projects for the Panna/Mukta oil and gas fields and the Tapti gas field, offshore the west coast of India,â€? BG India said. The enhancement projects involve an infill-drilling programme of up to 18 wells in the Panna-Mukta oil and gas fields and a four-well re-completion drilling programme in the Tapti gas field. Seven of the 18 wells, and the re-completion wells, are due to be drilled beginning in the first quarter of 2004. BG India is a partner of ONGC and Reliance Industries in the Panna/Mukta and Tapti fields which are key producing fields contributing 7% to India’s total oil and gas production.

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