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01-05-2010, 01:51 AM #1
State Run ONGC Finds New Natural Gas Field In Tripura
Public sector oil major Oil and Natural Gas Corporation (ONGC) has discovered a huge gas deposit in the north-eastern state of Tripura. This was announced by an official on Tuesday.
"The new gas pool was discovered at Sundalbari structure in southern Tripura," a senior ONGC official said.
"On initial testing, the low resistivity sand perforated in the interval of 2164-68 metre produced gas at the rate of 160,000 million cubic metre per day," the report said.
"It is anticipated that this new discovery of gas would open up new avenues and approach for exploration of Stratigraphic Traps in Tripura Fold Belt (TFB) for adding considerable reserve base and enhance production potential in future," the official added.
Sundalbari structure is 115 km off Tripura capital Agartala. It is one of the 19 structures, which have been mapped to be explored recently.
"This discovery of new hydrocarbon would help in meeting additional gas requirements for the commissioning of the 740 MW capacity mega power project in south Tripura's Palatana," the official said.
ONGC plans to commission its first commercial power project in south Tripura’s Palatana, which is situated about 60 km south of here. And, the first unit is expected to run by 2012. Till now, ONGC has drilled 142 wells in Tripura and 73 are suitable for gas exploration. The company has so far invested Rs.31 billion in the state.
According to ONGC, Tripura has the world's highest success rate in gas exploration.
"We are striking gas in one out of every two wells drilled in Tripura, while the average ratio worldwide is one out of every three wells," said the official.
"Targeting to supply six million cubic metre gas per day, the ONGC has taken ambitious exploration plan in Tripura," the official said, adding that recently at a high level meeting here the 'Mission Six Million (MSM)' programme was reviewed.
The meeting was attended by ONGC's director (onshore) A.K. Hazarika and director (finance) D.K. Sarraf.
An official said, "The MSM project is to be implemented in three phases and Rs.1,946.22 crore has already been sanctioned by the ONGC board for the first phase to be completed by 2011-12."