CAUVERY BASIN SEEN KEY OIL REGION FOR INDIA

The Cauvery basin is shaping up as a key oil province for India. State owned Oil & Natural Gas Commission predicts Cauvery basin oil flow will rise to 70,000 b/d by 1995 vs. a goal of 40,000 b/d. ONGC targets a tenfold jump in onshore Cauvery basin oil production by 1994-95 from the current 6,600 b/d. A further increase in Cauvery production will come with start-up later this decade of production from recent strikes in the offshore portion of the basin.

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