ONGC makes oil discovery in Arabian Sea

ONGC has made a significant oil and gas discovery west of its prime Mumbai High fields in the Arabian Sea. According to the Ministry of Petroleum and Natural Gas (MoPNG), the discovery was made in well WO-24-3 (WO-24-C). As per data generated during drilling, nine objects/ zones were identified and on testing all of them flowed oil/gas. The discovery has indicated potential in-place reserves of about 29.74 million tonnes (mt) of oil and oil equivalent.