State-owned Oil and Natural Gas Corporation (ONGC) is seeking international technical expertise to enhance oil and gas production from its aging Mumbai High field in the Arabian Sea. To find the right partner, ONGC has issued an international tender, inviting renowned technical service providers to collaborate on this project.
The Mumbai High field, which started production in 1976, is now in a mature stage. Despite its age, it remains a significant source of oil and gas for India. ONGC has implemented various schemes to maintain and improve production over the years. Currently, the field produces about 134,000 barrels of oil per day (bpd) and around 10 million standard cubic metres of gas daily, accounting for 38% of India's oil output.
Originally peaking at 400,000 bpd in 1989, the Mumbai High field still holds substantial reserves—estimated at 80 million tonnes (610 million barrels) of oil and over 40 billion cubic metres of gas. ONGC aims to tap into these remaining resources by leveraging advanced reservoir management technologies and best global practices.
The selected service provider will be contracted for 10 years, with an option to extend for an additional five years. They will be responsible for conducting a thorough review of the field's performance, identifying improvements in wells, reservoirs, and facilities management. This includes optimizing water injection and other technological interventions to boost production.
The service provider will be compensated through a fixed fee and a share of the revenue generated from the increased production beyond a predetermined baseline. Their scope of work will also involve integrated reservoir and FEED (Front-End Engineering Design) studies, and developing detailed work plans for the field's development.
ONGC's call to action is open to all major international oil and gas companies with annual revenues exceeding USD 75 billion. Bids are expected to be submitted by mid-September.
This initiative underscores ONGC's commitment to maximizing the potential of the Mumbai High field, ensuring continued energy security for India.
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