New Delhi, March 18: :Oil and Natural Gas Corp is investing over Rs 14,000 crore in improving recovery from its major oil and gas fields in the country, Minister of State for Petroleum and Natural Gas Dinsha Patel said on Tuesday.

“ONGC has identified 14 of its major oil and gas fields which contribute nearly 80 per cent of the total production, for implementing Improved Oil Recovery (IOR) and Enhance Oil Recovery (EOR) schemes,” he said in a written reply to a question in Rajya Sabha in New Delhi.

The fields identified for IOR/EOR are Mumbai High, Heera, Neelam, Gandhar, Kalol, Sanand, NOrth Kadi, Santhal, Balol, Jotana, Sobhasan, Lakwa, Geleki and Rudra Sagar.

“The combined production performance of these fields has improved from 52,200 tons per day in April 2000 to 57,078 tons a day by March 2007, an increase of 9.3 per cent,” he said.

The total incremental oil gain is expected to be 110.82 million tons by the year 2029-30.

To a separate question, he said ONGC during the 10th Plan (2002-07) has made 35 hydrocarbon finds to accrete 676.76 million tons of oil and oil equivalent gas reserves. Of these, 240.88 million tons of oil and oil equivalent gas are recoverable.

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