ONGC Faces Setback as Halliburton Delays Well Stimulation
OIL & GAS

ONGC Faces Setback as Halliburton Delays Well Stimulation

ONGC finds itself in a challenging situation as Halliburton, a key service provider, delays the deployment of well stimulation vessels. This setback hampers ONGC's oil and gas exploration activities, highlighting the critical nature of timely service delivery in the energy sector.

The delay in well stimulation vessels poses operational challenges for ONGC, impacting its ability to maximise production and optimise reservoir performance. This situation underscores the importance of efficient collaboration between oil companies and service providers to ensure uninterrupted operations and sustainable resource extraction.

Despite ONGC's efforts to expedite the process, the delay in deploying well stimulation vessels by Halliburton has raised concerns about project timelines and cost implications. The oil major is actively working to address the issue and mitigate any potential disruptions to its exploration and production activities.

The delay in well stimulation services comes at a crucial juncture for ONGC, as it seeks to enhance domestic oil and gas production to meet growing energy demand. Timely completion of projects and efficient utilisation of resources are essential for ONGC to achieve its production targets and contribute to India's energy security objectives.

ONGC's management is closely monitoring the situation and engaging with Halliburton to resolve the issue at the earliest. Collaborative efforts between both parties are essential to overcoming challenges and ensuring the smooth execution of well stimulation operations, ultimately supporting ONGC's mission of sustainable energy development.

ONGC finds itself in a challenging situation as Halliburton, a key service provider, delays the deployment of well stimulation vessels. This setback hampers ONGC's oil and gas exploration activities, highlighting the critical nature of timely service delivery in the energy sector. The delay in well stimulation vessels poses operational challenges for ONGC, impacting its ability to maximise production and optimise reservoir performance. This situation underscores the importance of efficient collaboration between oil companies and service providers to ensure uninterrupted operations and sustainable resource extraction. Despite ONGC's efforts to expedite the process, the delay in deploying well stimulation vessels by Halliburton has raised concerns about project timelines and cost implications. The oil major is actively working to address the issue and mitigate any potential disruptions to its exploration and production activities. The delay in well stimulation services comes at a crucial juncture for ONGC, as it seeks to enhance domestic oil and gas production to meet growing energy demand. Timely completion of projects and efficient utilisation of resources are essential for ONGC to achieve its production targets and contribute to India's energy security objectives. ONGC's management is closely monitoring the situation and engaging with Halliburton to resolve the issue at the earliest. Collaborative efforts between both parties are essential to overcoming challenges and ensuring the smooth execution of well stimulation operations, ultimately supporting ONGC's mission of sustainable energy development.

Next Story
Real Estate

Compact Homes Lead Demand as Indian Housing Market Stabilises: Magicbricks

Magicbricks, India’s leading real estate platform, has released its PropIndex Report for July–September 2025, revealing signs of stabilisation in the housing market. Despite affordability pressures, housing demand grew 3.1 per cent QoQ, driven largely by compact homes. The share of 1–2 BHK units rose to 54 per cent of total demand, reversing a two-year decline and signalling renewed focus on affordability.While overall supply increased marginally by 1 per cent QoQ (–4.5 per cent YoY), property prices continued to rise. Pune (+41.4 per cent YoY), Mumbai (+29.6 per cent YoY), and Greater..

Next Story
Infrastructure Urban

Flytta Launches India’s First Retrofitted Electric Truck for the Heavy-Duty Segment

Flytta has unveiled India’s first retrofitted 13-ton payload capacity electric truck, specially designed for cement bag transportation across challenging ghat roads and industrial terrains. Developed by Kalyani Powertrain (KPTL)—the electric mobility arm of the Kalyani Group—the truck will operate with Dalmia Cement on the Yadwad–Goa corridor.This industry-first collaboration brings together Flytta’s sustainable logistics expertise, Kalyani’s engineering capabilities in EV retrofitting, and Dalmia Cement’s commitment to green manufacturing. The partnership marks a significant ste..

Next Story
Infrastructure Urban

REC Launches Rs 50.71 Mn Mobile Medical Units in Rajasthan

In a bid to make quality healthcare accessible to remote and underserved communities, REC has extended financial support of Rs 50.71 million under its CSR initiative to the Indian Red Cross Society, Alwar, for operating five Mobile Medical Units (MMUs) over the next three years.The MMUs were flagged off on October 5, 2025, by Bhupender Yadav, Hon’ble Union Minister of Environment, Forest & Climate Change, and Sanjay Sharma, Minister of Environment, Forest & Climate Change and Science & Technology, Government of Rajasthan.The event was attended by members of the REC CSR team, M L ..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?