Dignitaries on dais: (L-R) Basin Manager (MBA) A V Sathe, Director HR D D Misra, MoS (I/C) P&NG Dharmendra Pradhan, CMD D K Sarraf and Director (Exploration) A K DwivediWith grand inauguration of ONGC office at Bhubaneswar today ( May10,2015 ) by the Honourable Minister of State (Independent Charge),MoP&NG, Shri Dharmendra Pradhan , ONGC is making anew beginning in field of exploration of energy resources in the newfrontiers of a resurgent State of Odisha.
As per preliminary estimates, Odisha has significant hydrocarbon resources, especially gas reserves in the offshore area. ONGC is soongoing to do onshore 2D seismic survey which will establish thepotential of resources in mainland Odisha.
Today ONGC is one of India’s most valuable companies and continuesto fuel the nation on its path to prosperity and strives for thenation’s energy security.
Adding another chapter to its glorious journey, the energy majortakes new steps into the state of Odisha – the land endowed withnatural resources and rich cultural heritage.
ONGC, has been engaged in exploration in Mahanadi offshore area –both shallow and deep water area in the coast of the State of Odishasince the inception of NELP (New Exploration Licensing Policy) regimein 1999.
ONGC made the first hydrocarbon discovery in the Mahanadi Basin inthe well MDW – 2A (water depth: 987 m) in its NELP-II block, MN-OSN-2000/2 in the year 2006 and, thereafter, in the well MDW-10 inthe same block in 2010. ONGC made another discovery in 2007 in theNELP-I block, MN-DWN-98/3.
So far in totality, ONGC has drilled 26 wells in the deep-waterand 3 wells in the shallow water in the Mahanadi offshore area.
ONGC is in the process of identifying the technology - path which will enable exploiting the established reserve economically.
The office set-up at Bhubaneswar has been established aiming tofurher boost the exploratory activities in the Mahanadi offshore area.
ONGC will be partnering the modern resurgent Odisha. Proud daysawait to directly and actively partner the people of Odisha in efforts to secure National energy needs.
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Corporate Communications, New Delhi,