ONGC's Board of Directors has disclosed two oil and gas discoveries that were reported after the previous Board Meeting on November 27, 2009:
Well GK-28-1, Kutch Offshore Block- I Extension PEL, Western Offshore Basin -- Well GK-28-1 drilled to a depth of 1550m in Kutch Offshore Block -- I Extension PEL in shallow Western Offshore flowed gas at 1, 26,926 m3/d through 12 mm bean. The prospect is a fault closure and it is for the first time that gas is struck in reservoirs of Miocene age in Kutch Offshore. This discovery has provided lead for exploration of similar plays in the area.
Well Kammapalem-1, 1B PEL of KG-PG Basin -- The well Kammapalem-1, drilled to a depth of 3,587m in 1B PEL of KG onland flowed gas with condensate at 1,01,268 m3/d and 2.4 m3/d respectively from a reservoir sand of Lower Pasarlapudi Formation of Lower Eocene age. The prospect is a four-way dip closure. The discovery is under assessment for its potential.