Production
As of 2004, it supplied 14% of India's oil requirement and accounted for about 38% of all domestic production.
On 27 July 2005, a major fire destroyed the production platform, leaving at least 11 people dead despite rescue measures taken by the Indian Coast Guard. The platform accounted for 110,000 barrels per day (17,000 m3/d), or 15% of India's oil production. Rebuilding this is expected to take upwards of 4 months and estimated to cost around Rs. 1200 crore or US$300 million.
Crude oil produced from Bombay High is of very good quality as compared to crudes produced in middle east. Bombay High crude has more than 60% paraffinic content while light Arabian crude has only 25% paraffin.
In November 2009, output of Bombay High fields, that accounts for half of the India's domestic oil production, fell 5.3% to 347,197 barrels per day (55,199.9 m3/d).
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Famous quotes containing the word production:
“To expect to increase prices and then to maintain them at a higher level by means of a plan which must of necessity increase production while decreasing consumption is to fly in the face of an economic law as well established as any law of nature.”
—Calvin Coolidge (1872–1933)
“It is part of the educator’s responsibility to see equally to two things: First, that the problem grows out of the conditions of the experience being had in the present, and that it is within the range of the capacity of students; and, secondly, that it is such that it arouses in the learner an active quest for information and for production of new ideas. The new facts and new ideas thus obtained become the ground for further experiences in which new problems are presented.”
—John Dewey (1859–1952)
“An art whose limits depend on a moving image, mass audience, and industrial production is bound to differ from an art whose limits depend on language, a limited audience, and individual creation. In short, the filmed novel, in spite of certain resemblances, will inevitably become a different artistic entity from the novel on which it is based.”
—George Bluestone, U.S. educator, critic. “The Limits of the Novel and the Limits of the Film,” Novels Into Film, Johns Hopkins Press (1957)