Oil and Natural Gas Corporation (ONGC) has made discoveries of oil and gas in OALP (Open Acreage Licensing Policy) block MB-OSHP-2017/1 in Mumbai Offshore (SW) in the Arabian Sea. ONGC said that detailed assessment of the discoveries - MBS171HAA-1 -'AMRIT' and MBS182HDA-1 - 'Moonga' is in progress.
With these discoveries, ONGC continues its impressive streak in the OALP blocks by making new discoveries in consecutive years. ONGC Director (Exploration) Ms. Sushma Rawat said that with these notable findings in the OALP I and OALP III rounds, ONGC reaffirms its exploration commitment to unlocking the vast potential of India's hydrocarbon resources along with reserves accretion, strengthening the nation's energy security.
The discoveries represent a momentous achievement, underscoring exploration dedication to expanding domestic production and reducing India's reliance on imported oil and gas.
Source: ONGC
