The gas produced from this well is currently sold at $3.06 per unit,says Tapas Kumar Sengupta, director (offshore).
Oil and Natural Gas Corporation (ONGC) is seeking buyers for gas from a new deepwater field in the KG Basin, , according to reports.
The gas produced from this well is currently sold at $3.06 per unit,says Tapas Kumar Sengupta, director (offshore) at ONGC.
The gas produced from this well is currently sold at $3.06 per unit,says Tapas Kumar Sengupta, director (offshore) at ONGC.
A well at Vashishta & S1 field off the eastern coast, has been producing for about a month.
Oil & Natural Gas Corpn Ltd ended at Rs. 231, down by Rs. 3.6 or 1.53% from its previous closing of Rs. 234.6 on the BSE.
The scrip opened at Rs. 233.65 and touched a high and low of Rs. 234.5 and Rs. 229.35 respectively. A total of 7177802(NSE+BSE) shares were traded on the counter. The current market cap of the company is Rs. 197631.82 crore.
The BSE group 'A' stock of face value Rs. 5 touched a 52 week high of Rs. 295.45 on 15-Jul-2015 and a 52 week low of Rs. 188 on 12-Feb-2016. Last one week high and low of the scrip stood at Rs. 241.3 and Rs. 222.6 respectively.
The promoters holding in the company stood at 68.93 % while Institutions and Non-Institutions held 17.45 % and 13.62 % respectively.
The stock traded above its 200 DMA.
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