State-owned Oil and Natural Gas Corp (ONGC NSE -0.13 %) has pumped first gas from its deep-water U1B well in Krishna Godavari block KG-D5 in the Bay of Bengal. The well, in KG-DWN 98/2 Block’s Cluster-2, has an estimated peak production of 1.2 million cubic meters per day of gas, the company said in a statement.
“Secretary, Ministry of Petroleum and Natural Gas, Tarun Kapoor flagged off maiden production from the deep-water gas well U1B on August 31,” it said.
