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      • Bengal Basin

      Bengal Basin

      • Posted by upschacks
      • Categories Uncategorized
      • Date December 21, 2020
      • Bolstering efforts to meet one of the vital essentials the energy need for AtmaNirbhar Bharat,      Minister for Petroleum & Natural Gas and Steel today dedicated the Bengal Basin, the 8th producing basin of India, to the nation.
      • The discovery of Asokenagar is of around seven decades of relentless endeavours  by scientists and engineers of India have borne fruits, giving a new hope for robust        development of West Bengal.
      • Bengal Basin finally looks set to find a place on the oil & gas map of the world.
      • ONGC took a major step by commencing oil production from the well Asokenagar-1, Bengal Basin in 24 Paragana district.
      • The well Asoknagar-1 was completed as an oil producer under Early-Monetization Plan issued by Government of India.
      • This makes ONGC having discovered and put to production seven out of the eight producing basins of      India covering 83 percent of established oil & gas               reserves.
      • ONGC is India’s largest oil and gas producer contributing 72 percent of the country’s hydrocarbon production.
      • The well Asokenagar-1 has heralded the end of painstaking search for hydrocarbons in the region by ONGC by sending its first hydrocarbon consignment         produced during well testing to IOCL’s Haldia Oil Refinery done earlier on 5 November 2020.
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