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ONGC ready to adapt and harness new technology
A two-day technology meet on ‘Adapt, align, accelerate’ to increase the production and meet the Prime Minister’s target of reducing 10 per cent of oil and gas imports was inaugurated here on Sunday. The meeting is being held under the aegis of ONGC, Rajahmundry Asset, and it will conclude on December 4.
Rajahmahendravaram: A two-day technology meet on ‘Adapt, align, accelerate’ to increase the production and meet the Prime Minister’s target of reducing 10 per cent of oil and gas imports was inaugurated here on Sunday. The meeting is being held under the aegis of ONGC, Rajahmundry Asset, and it will conclude on December 4.
Speaking on the occasion, DMR Sekhar, Executive Director - Asset Manager, said the technology meet is aimed at increasing production from the fields available in East Godavari, West Godavari and Krishna districts. The oil and gas available in the region is found in very difficult zones of earth at 5,000 metres.
At this meet, the technological service providers of international repute will present their solutions, the production problems of Rajahmundry and ONGC also. There are 16 service providers of multinational companies which have come to give the presentations on hydro subjects such as drilling methods, radial drilling and logging.
In the inaugural address, VP Mahawar, Director (Onshore), said: “To reduce the imports, bill inducting new technology is the only solution.” However, he cautioned the technology in the industry is so complex that one size fit for all will not help.
“Technology has to be adapted, aligned with the specialties of the geology leading to acceleration of the production. ONGC has the technology but it is still open for new technologies available in the world to harness and adapt in its fields,” he said.
