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VERIFIEDET Finance·positive

Gas found near Odisha coast: ONGC strikes Mahanadi deepwater well under Samudra Manthan, finds encouraging flow at 1,450 metres

AI Summary
  • ·ONGC has discovered gas in a deepwater exploration well in the Mahanadi Offshore Basin, 43 km from Konark, Odisha.
  • ·Gas was encountered at a depth of 1,441–1,452 metres, with encouraging flow and reservoir pressure reported.
  • ·The find is subject to further appraisal and commercial evaluation.
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