News // News worldwide
Indian explorer makes huge offshore discovery
20 September 2017 , 14:10Neftegaz.RU239
An offshore oil discovery made by Indian explorer Oil and Natural Gas Corp (ONGC) could contain 20 million tonnes of reserves, a news report said on September 20, 2017.
The company found the reserves west of the Mumbai High field, 2 sources told Reuters.
«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,» one of the sources was cited as saying.
«It is a large discovery going by Indian standards and is in a different play than discoveries made in the neighbouring Mumbai High fields.»
ONGC now plans to drill appraisal wells to determine the size of the new find’s recoverable reserves, the sources told Reuters.
The company declined to comment.
10:11 17.10.2017Novatek, Eni and Total submit bids for 1st Lebanese license round
17:30 16.10.2017All pieces of the new Trans Adriatic gas pipeline delivered
18:00 10.10.2017Indian PM Modi thanks Putin for Rosneft's $12.9 billion investment
17:50 09.10.2017Guinea: Total reinforces its exploration in West Africa
13:30 02.10.2017India to receive its 1st shipment of crude from US on Monday
15:45 25.09.2017Nord Stream 2 seeks Finnish permits for offshore export gas pipeline