The ONGC Tripura Asset broke all previous records with its 2022–23 FY annual gas output of 1,675 Million Standard Cubic Metres (MMSCM) in the northeastern state. Previous to this, ONGC generated the most natural gas in the northeastern state during the 2020–21 fiscal year, recording a 1,634 MMSCM output.
"Oil and gas exploration is a dangerous industry with numerous moving parts and constant technological involvement. The outcomes do not always match the inputs. We are pleased that the ONGC Tripura Asset was able to succeed despite the difficulties that it faced "The representative remarked. He claimed that numerous operational
initiatives, including the installation of plunger lifts, mobile separators, and routine activation of low-pressure wells, were put into motion over the previous couple of years in order to achieve record production and also to sustain a high level of output in the ensuing days.
Additionally, he added, "ONGC has recently contracted Aerial Hydrocarbon Survey to map the more remote regions and Advanced Hi-tech Drilling Rigs to drill deeper and more precise wells in tough terrain in order to tackle the logistical and geological problems of the region. Five to six search gas rigs are already in operation, while one of the three high-tech rigs has already been commissioned and the other two will soon be put into service. ONGC Tripura Asset has recorded a 3% growth in production over the last six years, despite the fields' isolation and steep decline rates. Not only that, but in FY'2022-23, the Asset has 49 times exceeded the 5 MMSCMD barrier, a sought operating benchmark for many years.
The maintenance shutdowns of power plants, the ONGC Tripura Asset also has regular meetings with its gas customers, including OTPC, TSECL, GAIL, and TNGCL, as well as regulatory bodies. This has helped to significantly lower customer shutdown loss, which was 201 MMSCM in FY 2021–2022 and 92 MMSCM in FY 2022–2023 as a result. He pledged not only continued economic success for ONGC in the state but also that the area would become a model for sustainable growth across the entire nation.
