ONGC Discovers Gas in Mahanadi Basin's Deepwater
| Key Aspect | Details |
|---|---|
| Discovery Announcement | ONGC announced a gas discovery in the Mahanadi deepwater basin, Odisha, on September 18. |
| Location | 23 nautical miles from ONGC's earlier Konark discovery site in the same basin. |
| Exploration Launch | Well spudded on July 25 by Union Petroleum Minister Hardeep Singh Puri (remote launch). |
| Strategic Significance | Strengthens prospects in Mahanadi basin, following earlier discoveries like Utkal and Konark. Potential for commercial exploitation under PNG Rules, 2025, pending further evaluation. |