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ONGC strikes gas in Mahanadi for third time (The Hindu Business Line 15th Jan 2008)ONGC ended its deepwater drilling campaign in 2007 in a hopeful mood. The Indian energy major has struck gas for the second time in MN-DWN-98/3 deepwater block in Mahanadi basin in the coasts of Orissa. ONGC holds 100 per cent interest in the block.
Though the ‘discovery’ is not considered a major one, the company is hopeful that the streak of finds may lead to a significant discovery in the block sooner or later. This is the third time ONGC struck gas in Mahanadi offshore since December 2006. In December 2006, the company struck gas for the first time in the basin in MN-OSN-2000/2.
According to sources, the recent drilling in the block encountered a “thin sand of 1.5 to 2 metres” at the deeper end of the well at a depth of 3,750 metres from the seabed. More
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