Business Daily from THE HINDU group of publications
Tuesday, Aug 21, 2007
ePaper
Business Daily from THE HINDU group of publications Tuesday, Aug 21, 2007 ePaper |
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Corporate
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Announcements Industry & Economy - Petroleum
Our Bureau Kolkata, Aug 20 ONGC has struck a new gas find at Sundalbari in Tripura. With this, the company has identified two new gas reserves in the State this year. According to company sources, the exploratory well Sundalbari-2 drilled in April this year has flowed gas from two sand formations at the rate of 85,000 and 80,000 cubic metres a day. “It is a new find. However, to establish the discovery we have to drill appraisal wells in the field,” a senior company official told Business Line. Sundalbari is located to the North of Tichna gas field in the State and is a nomination Block. In May, ONGC struck gas at Kunjaban in Tripura. According to sources, the exploratory well established a flow rate of 2.3 lakh cubic metres through conventional testing methods. Testing results
Testing results of both the Kunjaban and Sundalbari are referred to the Directorate General of Hydrocarbons, the sources said . It has already so far established approximately 54 billion cubic metres of in-place gas reserve from seven fields (excluding Kunjaban and Sundalbari) identified in the State. The recoverable reserve is pegged at 28 bcm. The fields which have already established recoverable gas reserves include Baramura, Gozalia, Manakyanagar, Agartala Dome, Trichina and others. Work for further development of Baramura is stalled due to extremist activities in the region. It has already proposed setting up a 750-MW gas-based power plant in Tripura for monetisation of the natural gas.
More Stories on : Announcements | Petroleum | Oil & Natural Gas Corporation Ltd
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