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ONGC’s Bihar mission to strike oil & gas riches
Oil and Natural Gas Corp (ONGC) is set to drill a well in Bihar this year, aiming to uncover potential oil and gas reservoirs. This venture not only marks Bihar’s entry into India’s oil domain but also heralds exploration across the vast Ganga basin, spanning Bihar, Uttar Pradesh, and Punjab.
Sushma Rawat, ONGC’s exploration director, revealed plans for drilling two exploratory wells after acquiring 3D seismic data for 300 sq km in Samastipur, Bihar. With an estimated cost of ₹300-350 million, the first drilling phase aims to pave the way for further exploration in the region.
The success of this venture could revolutionize Bihar’s energy landscape and foster local industrial growth, propelling the state towards a brighter, more sustainable future.
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