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ONGC Discovers Natural Gas Reserve 43 km Off Odisha's Coast in Mahanadi Basin

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India's state-owned Oil and Natural Gas Corporation (ONGC) has made a gas discovery approximately 43 kilometres off the Odisha coastline in the Mahanadi Basin. The find marks a significant development in India's offshore energy exploration efforts. ONGC will now undertake additional reservoir appraisal work to better understand the extent and nature of the discovery. The company will also evaluate recoverable resources and conduct a commercial viability assessment. A final decision on whether to develop the field will only be made after all these evaluation steps are completed.

Read the full story at Times of India

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