ONGC to Drill Well in Bihar

ONGC to Drill Well in Bihar

Oil and Natural Gas Corp (ONGC) is planning to drill a well in Bihar this year to look for oil and gas. The company has acquired 3D seismic data for 300 sq km for its block in Samastipur, Bihar, and is now planning to drill two exploratory wells. The first drilling will be done this year and may cost ₹30-35 crore. The data from the first well’s drilling will help guide the company’s plans for the rest of the exploration block, including the planned drilling of the second well. Exploratory drilling was last undertaken in Bihar about half a century ago.

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TIS Staff

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