ONGC Gas

Hi I would like to have the information about the exploration & the reported new gas discovery by Oil and Gas Natural Limited?

[pawan]

The US Geological Survey has affirmed the revelation of a fat gas hold as hydrates - also called 'fire ice' - off the Andhra coast by a multi-party expeditionary group drove by lead adventurer ONGC

India has found a vast, exceptionally enhanced collection of characteristic gas hydrates in the Bay of Bengal that can possibly be tapped report from Washington said citing US Geological Survey's vitality assets program.

Propels like the Bay of Bengal disclosure will open the worldwide vitality asset capability of gas hydrates too characterize the innovation expected to securely deliver them.

ONGC sources said regarding yield the revelation could end up being four times bigger than Reliance Industries Ltd's disclosure of 2002, India's greatest gas revelation in this way.

The revelation was made in August a year ago by the second exploratory endeavor under the administration's gas hydrate program as a team with researchers from the US and Japan, which have independently inked research MoUs with India.

The sources put the underlying stores capability of the hydrates at 134 tcf (trillion cubic feet). Regardless of the possibility that ONGC figures out how to pump out a tenth of the stores, the disclosure could yield about 13 tcf of gas against RIL's 9 tcf.