ONGC Discovers First Shale Gas in Asia
by Eric Yep
|
Dow Jones Newswires | Thursday, January 27, 2011 | 2:46 AM EST
MUMBAI (Dow Jones Newswires), Jan. 27, 2011
State-run explorer Oil & Natural Gas Corp. (ONGC) said Thursday it has discovered shale gas at a pilot project in the eastern Indian state of West Bengal.
Gas flowed out from the Barren Measure shale at a depth of around 1700 meters in the research and development well of RNSG-1 near Durgapur in West Bengal on Jan. 25, ONGC said in a statement.
"Though the well is still under assessment, the breakthrough is significant as India is the first Asian country where gas was discovered from shale outside the U.S and Canada," ONGC added.
Copyright (c) 2011 Dow Jones & Company, Inc.
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