ONGC sets $2.64 billion capex for drilling oil, gas wells in 2018/19

• Posted in OilGas
• on May 3, 2018
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India’s top explorer Oil and Natural Gas Corp said on Wednesday it plans to invest 176.15 billion rupees ($2.64 billion) on drilling in 2018/19, a growth of about 24 percent over the last fiscal year. ONGC aims to drill 535 oil and gas wells in this fiscal year to March 2019, compared with 503 well drilled in the previous year, the company said in a statement. Clark Griswold Authentic Jersey

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