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- ONGC Begins Production In Bengal Basin
ONGC Begins Production In Bengal Basin
- 21 Dec 2020
- Oil and Natural Gas Corporation (ONGC) Limited has begun crude oil production from the Asokenagar-1 well, Bengal Basin in 24 Paragana district.
- This has made the Bengal basin India’s eighth producing basin.
- Other producing basins of India are Krishna-Godavari (KG), Mumbai Offshore, Assam Shelf, Rajasthan, Cauvery, Assam-Arakan Fold Belt and Cambay.
- “The Asokenagar-1 well was completed as an oil producer under Early-Monetization Plan issued by the Government of India. This makes ONGC having discovered and put to production seven out of the eight producing basins of India covering 83 percent of established oil and gas reserves.”
- According to the Directorate General of Hydrocarbons, there are 26 sedimentary basins in India, covering a total area of 3.4 million square kilometer. Of these, 16 are on-land basins, 7 located both on-land and offshore and 3 completely offshore.
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