Tuesday, 5 April 2016

ONGC gets green nod for drilling project In Gujarat

According to the proposal, wells would be drilled in blocks CB-CNN-2010/1, 6 and 9, says report 

ONGC4
ONGC has received green nod for Rs. 350-crore project of drilling 22 exploratory wells in NELP-9 blocks located at Banaskantha, Gandhinagar and Ahmedabad districts of Gujarat, according to reports.
Report says that according to the proposal, wells would be drilled in blocks CB-CNN-2010/1, 6 and 9.

The petroleum exploratory licence to start the activities as per the production sharing contract (PSC) was granted in February 2013 and the initial contract period is seven years, says report.

The total cost of the project is Rs 350 crore.

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