Oil Deposit In Bihar By ONGC

Hi I came to know that there is a news that the ONGC has found petroleum oil deposits in Bihar's kishanganj district so is it correct if yes then please provide me the details ??

[pawan]

Well yes there is news that the ONGC has got a petroleum oil deposits in Bihar's kishanganj district.

This oil lake may be so huge that it can serve India not less than 350 years as per the records of ONGC.

If everything will go accordingly than after July we will get petrol as RS.25/litre, Diesel as RS.12/ litre.

ONGC scientists and engineers have studied the areas of Kishanganj district and expected oil reserves there, so they began their exploration by digging well at Rasulganj on August 2012.

For the next three years, ONGC is reported to invest Rs. 200 crore in two projects of oil and gas exploration in Kishanganj district

ONGC Product

Crude Oil

Gas

LPG

Naptha

C2-C3

SKO

ONGC Recognization

ONGC was ranked as the Most Attractive Employer in the Energy sector in India, in the
Randstad Awards 2013.

ONGC was one of 12 winners of the ‘Golden Peacock Award 2014’

In April 2013, it was ranked at 155th place in the Forbes Global 2000 for 2012.

In 2011, ONGC was ranked 39th among the world's 105 largest listed companies

It was conferred with 'Maharatna' status by the Government of India in November
2010.

The Maharatna status to select PSUs allows more freedom in decision making.