New Delhi, May 25 -- A joint venture of Oil and Natural Gas Corporation Limited (ONGC), Hardy Exploration and Production (India) Inc., and Invenire Petrodyne has successfully commenced production from the PY-3 Field, located offshore in the Cauvery Basin on the east coast of India, ONGC said in a statement Sunday.

Originally brought on-stream in 1997, the PY-3 Field had been shut since July 2011.

Since then, a multi-phase revised Field Development Plan (FDP) has been implemented to revive production.

Phase I of the revised FDP has now been completed.

This included integrity assessment, conditioning, and activation of the subsea well PD3SA; installation of subsea infrastructure; and hook-up to the Floating Production, Storage, and Offl...