The Hindu : Business : ONGC strikes oil, gas

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Friday, Jun 08, 2007
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ONGC strikes oil, gas

Special Correspondent

Significant gas discovery in Mahanadi basin

NEW DELHI: Oil and Natural Gas Corporation (ONGC) on Thursday announced that it had made five new oil and gas discoveries in the Eastern offshore and Northeast with the most significant being a gas discovery in the Mahanadi basin block where 3-4 trillion cubic feet of gas reserves have already been established.

Second discovery

ONGC made the second discovery in the Mahanadi basin in MN-DWN-98/3 block in East Coast about 60-km off the Paradeep Coast in Orrisa, according to an official release by ONGC here.

The company has so far drilled five wells in Mahanadi Basin and made the first discovery in 2006.ONGC has found oil in Disangmukh-3 well in Sibsagar district in Assam and the Assam-Arkan basin, producing 1,421 barrels of oil a day from 3,688-3,677 metre depth.

Another oil field was discovered when Panidihing-6 well near Brahmaputra river produced 516 barrels a day. The prospect is about 27 km to the north of Nazira town. This is the second producing well over Panidihing prospect.

Testing in progress

ONGC also found gas in Kunjaban-2 well in the North Agartala nomination block in Tripura.

The well produced one million cubic metres a day of gas from 2,687-2,682 metres depth.

Further testing is in progress and potential of the field is being assessed.

The present discovery at Kunjaban is a new prospect located North of Agartala Dome.

This discovery will add to the tally of gas fields in Tripura and help in meeting additional gas requirements for the planned Tripura Power Project, the release stated.

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