Home Economy ONGC to start drilling wells in Gulf of Khambhat

ONGC to start drilling wells in Gulf of Khambhat

By IANS,

Surat : Oil and Natural Gas Corp (ONGC) will soon start drilling three exploration wells at a depth of 2,500 to 4,500 metres in the Gulf of Khambhat off northwest Gujarat, officials said.

The company has got the clearance from the ministry of environment and forests Feb 22 to start drilling the wells in the CB-ONN-2004/1/2 blocks, they said.

The Gulf of Khambhat, formerly known as Gulf of Cambay, is known for its high currents and high tides round the year, which require extreme care in drilling operations.

The company will spend Rs.70 million (Rs.7 crore) per well for the drilling operations. The blocks in the area are spread over 32 square km.