ONGC Achieves New Heights in Oil Production at Krishna Godavari Basin
ONGC’s New Well in Krishna Godavari Basin
State-owned Oil and Natural Gas Corporation (ONGC) has successfully opened another well in its major deep-sea project located in the Krishna Godavari Basin, Bay of Bengal. This new well is expected to significantly augment the production of crude oil and natural gas, essential resources in the current market.
Impact of the KG Field Development
In January, ONGC initiated production from the KG-DWN-98/2 or KG-D5 block, a critical step for the company in enhancing its output. Hardeep Singh Puri highlighted this achievement as a major milestone in advancing India’s energy infrastructure. As oil is converted into fuels like petrol and diesel, this development not only supports domestic energy needs but also contributes to broader economic growth.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.