ONGC Begins Gas Monetisation From $1 Bn Daman Project; Supplies Start to Hazira

Why It Matters

The start of gas flow from DUDP reduces India’s reliance on imported natural gas and strengthens energy security amid regional geopolitical tensions. It also showcases ONGC’s ability to deliver large‑scale offshore projects quickly, setting a benchmark for future developments.

Key Takeaways

• $1 bn Daman project completed in under two years.
• Platform B‑12‑24P now delivering gas to Hazira plant.
• Phase‑wise output increase planned as more wells come online.
• Project boosts India's domestic gas supply amid West Asia crisis.
• Innovative drill‑deck approach accelerated project execution.

Pulse Analysis

India’s soaring energy demand has placed natural gas at the centre of its energy security strategy. The Daman Upside Development Project, located roughly 180 km northwest of Mumbai, represents a strategic offshore asset that adds roughly 1 billion dollars of capital to the country’s gas portfolio. By tapping the Platform B‑12‑24P, ONGC not only diversifies its supply base but also creates a new conduit for gas to flow directly into the Hazira processing hub, a critical node for downstream distribution across western India.

The rapid execution of DUDP underscores ONGC’s operational agility. Leveraging a drill‑deck approach—a method that integrates drilling and completion activities on a single platform—allowed the company to compress a typical multi‑year timeline into less than two years. This efficiency, combined with disciplined project management, enabled the early commissioning of the platform and immediate gas monetisation. As subsequent wells are brought online, ONGC plans a phased ramp‑up, which could add several hundred million cubic feet per day to the national grid, easing pressure on imported LNG contracts.

Strategically, the timing of DUDP’s launch is pivotal. The ongoing West Asia crisis has heightened volatility in global gas markets, prompting India to accelerate domestic production to curb import dependence. The Daman field’s output not only contributes to a more resilient supply chain but also positions ONGC as a key player in meeting the country’s clean‑energy transition goals. Looking ahead, the project may serve as a template for future offshore developments, reinforcing India’s ambition to become a net‑exporter of natural gas in the long term.