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ONGC makes new discoveries
28 April, 2011
ONGC said it has made two oil and gas discoveries in Gujarat.
It struck oil and gas in a well drilled block CB-ONN-2004/2 in
The firm has 50 per cent interest in
the block that it had won along with Gujarat State Petroleum
Corp (40 per cent) and Sunterra (10 per cent) in the seventh
round of bidding under NELP. Exploratory well Vadtal-3
produced oil at a rate of 22.5 cubic meter per day and gas at
a rate of 3758 cubic meter per day on testing, it said.
“The oil produced is of very good
quality with a gravity of 41.10 API.” This is the second
discovery in block CB-ONN-2001/1. ONGC said it made an oil
discovery in a nomination block Linch Extn-1 in the western