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:
“... if the production of any commodity necessitates the sacrifice of human life, society should do without that commodity, but it can not do without that life.”
—Emma Goldman (1869–1940)
“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)
“... this dream that men shall cease to waste strength in competition and shall come to pool their powers of production is coming to pass all over the earth.”
—Jane Addams (1860–1935)