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What will be the production increase at Mumbai High by end of 2025?
3
Resolution / Starting Odds
Less than 20% • 25%
20% to 40% • 25%
40% to 60% • 25%
More than 60% • 25%
Official production reports from ONGC and BP, industry reports
Story
ONGC Appoints BP to Boost Production at Mumbai High Oil Field, Promising 60% Increase in Output
Jan 8, 2025, 08:28 AM
India's Oil and Natural Gas Corporation (ONGC) has appointed BP Plc as the technical service provider (TSP) to enhance production at the Mumbai High oil and gas field. BP's bid promises an increase of up to 60% in output compared to the baseline, according to statements from ONGC. This engagement marks a significant collaboration between the state-owned firm and BP, aimed at maximizing the potential of India's largest oil field.
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Less than 20% • 25%
30% to 44% • 25%
More than 44% • 25%
20% to 30% • 25%
More than $11 billion • 25%
$10 billion to $11 billion • 25%
Less than $9 billion • 25%
$9 billion to $10 billion • 25%
140,000 to 160,000 barrels per day • 25%
120,000 to 140,000 barrels per day • 25%
Less than 120,000 barrels per day • 25%
More than 160,000 barrels per day • 25%
Decrease of up to 10% • 25%
Decrease of more than 10% • 25%
Increase of more than 10% • 25%
Increase of up to 10% • 25%
Decrease by less than 5% • 25%
Increase • 25%
Decrease by 5% or more • 25%
No Change • 25%
Below 3 million barrels per day • 25%
Above 4 million barrels per day • 25%
3.0 to 3.5 million barrels per day • 25%
3.5 to 4.0 million barrels per day • 25%
