Report summaryThe ONGC (Imperial Energy) fields lie in the Tomsk Region in West Siberia. The area is subject to harsh winters and hot summers. The fields' geology is also more complicated than initially believed and frequently failed to respond as expected to reservoir stimulation or fracturing.ONGC Videsh - the overseas arm of the Indian National Oil and Natural Gas Corporation - acquired the assets when it bought UK-listed Imperial Energy in December 2008 for approximately US$2.24 billion.In late ...
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