The latest discovery of India’s largest oil explorer Oil and Natural Gas Corp to the west of its Mumbai High offshore fields is estimated to hold in-place reserves of about 20 million tonnes, sources with knowledge of the matter said. <\/p>\n
The Mumbai High field annually produces oil and natural gas of about 9 million to 10 million tonnes of oil equivalent. The company discovered hydrocarbon reserves west of Mumbai High at well WO 24-3 in July. <\/p>\n
ONGC tested nine zones in the well, the two sources with knowledge of the matter told Reuters. <\/p>\n
“One zone alone yielded more than 3,000 barrels per day of oil and there are deeper zones where oil and gas both are encountered,” said one of the sources. <\/p>\n
“It is a large discovery going by Indian standards and is in a different play than discoveries made in the neighbouring Mumbai High fields,” the source said. <\/p>\n
ONGC informed the Directorate General of Hydrocarbons (DGH), the upstream advisory arm of the federal oil ministry, about the latest discovery earlier this month. <\/p>\n
ONGC now plans to drill appraisal wells to determine the size of the new find’s recoverable reserves, the sources said. <\/p>\n
ONGC is struggling to ramp up its output as most of its production comes from mature fields. <\/p>\n
“It is a good discovery and gives ONGC further hope. This has opened up a new area for exploration around Mumbai High,” the second of the sources said. <\/p>\n
An ONGC spokesman declined to comment on the potential for the discovery.<\/p>\n","protected":false},"excerpt":{"rendered":"
The latest discovery of India’s largest oil explorer Oil and Natural Gas Corp to the west of its Mumbai High offshore fields is estimated to hold in-place reserves of about 20 million tonnes, sources with knowledge of the matter said. The Mumbai High field annually produces oil and natural gas of about 9 million to 10 million tonnes of oil equivalent. The company discovered hydrocarbon reserves west of Mumbai High at well WO 24-3 in July. ONGC tested nine zones in the well, the two sources with knowledge of the matter told Reuters. “One zone alone yielded more than 3,000 […]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[133],"tags":[],"class_list":["post-131090","post","type-post","status-publish","format-standard","hentry","category-oil-gas"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/131090","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=131090"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/131090\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=131090"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=131090"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=131090"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}