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Govt Plans New Assessment Of Oil, Gas Reserves
The mines and petroleum department is set to initiate a new study aimed at assessing the potential for oil and gas deposits in Rajasthan. This move is expected to further expand oil and gas exploration and extraction sector under the discovered small fields (DSF) scheme.
The study will encourage companies in the sector to adopt the latest global technologies in petroleum and gas exploration and extraction, with the goal of identifying and exploiting more areas within the state.
In a review meeting on Tuesday, mines and petroleum department’s secretary, Anandi, emphasised the importance of leveraging data from the central govt’s national data repository (NDR).
“By obtaining NDR data, new areas for exploiting the available oil and gas reserves will be identified, creating more opportunities for growth, investment, revenue and employment in the petroleum and gas sector,” the secretary said.An official present in the meeting said there are plans to prepare a roadmap to meet the demand and supply of natural gas as an alternative energy source for cement plants in Jaisalmer. “The aim is to ensure affordable green energy for the cement sector while promoting the production and utilisation of natural gas within the state,” he added.
Currently, Rajasthan holds 13 petroleum mining leases and 14 petroleum exploration leases. It ranks second in the country for crude oil and natural gas land production.
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