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ONGC makes new discoveries

New Delhi, 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 Gujarat.

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 offshore.   
 

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