April 20, 2024


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ONGC begins production in Bengal basin, making it India’s eighth functional

Oil and Organic Fuel Corporation (ONGC) Confined has started crude oil creation from the Asokenagar-1 very well, Bengal Basin in 24 Paragana district. This has created the Bengal basin India’s eighth making basin, joining the ranks of Krishna-Godavari (KG), Mumbai Offshore, Assam Shelf, Rajasthan, Cauvery, Assam-Arakan Fold Belt and Cambay.

A organization statement mentioned, “The Asokenagar-1 very well was done as an oil producer less than Early-Monetization Program issued by the Governing administration of India. This can make ONGC possessing found and set to creation seven out of the eight making basins of India masking 83 % of proven oil and fuel reserves.”

According to the Directorate Typical of Hydrocarbons, there are 26 sedimentary basins in India, masking a total area of 3.4 million square kilometer. Of these, sixteen are onland basins, seven located both of those onland and offshore and 3 totally offshore.

ONGC mentioned that it is experienced sent its initial hydrocarbon consignment manufactured through very well screening to Indian Oil Corporation Limited’s Haldia Oil Refinery on November 5, 2020.

This making basin was dedicated to the nation by Minister for Petroleum and Organic Fuel, Dharmendra Pradhan on Sunday. He commenced the official creation of oil by switching on the Sucker Rod Pump (SRP). Pradhan mentioned that the discovery would lead to attaining the target for cutting down oil import dependence provided by Key Minister Narendra Modi.

Addressing the ‘Urja Sangam’ convention through March 2015, Modi experienced mentioned that India requires to provide down its oil import dependence from 77 % in 2013-2014, to sixty seven per cent by 2022, when India will celebrate its seventy fifth calendar year of independence.

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