Can BP’s playbook revive ONGC’s Mumbai High wells as production keeps slipping

Published on 24 April 2026

A proven turnaround in Iraq could reshape India’s ageing

Mumbai High, once a flagship asset for India’s energy sector, is seeing production fall sharply. ONGC is now betting on a partnership with BP, drawing on BP’s track record of boosting output at Iraq’s Rumaila oilfield. The move aims to slow decline in ageing wells and restore steadier production, but execution risk remains high.

Mumbai High production has dropped significantly over time
ONGC is partnering with BP to tackle ageing well decline
BP previously turned around Iraq’s Rumaila oilfield
The success hinges on technology transfer and field execution

#bp #mumbai high #oil and gas #ongc

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This summarization was done by Beige for a story published on The Economic Times

Can BP’s playbook revive ONGC’s Mumbai High wells as production keeps slipping

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