ONGC has successfully drilled three gas wells in Tripura by using new technology, a senior company official said on Sunday.
The new technology - Managed Pressure Drilling (MPD) proved to be beneficial in the state because conventional drilling could not be used in these geographical locations, said ONGC Tripura Asset Manager, Tarun Malik while speaking at a function.
"For the first time, MPD based drilling was done successfully in Tripura last year to reach out to those areas in West Tripura and Sepahijala districts where conventional drilling system falls short", he said, adding that testing of two drilled wells is yet to be done.
Earlier, Oil and Natural Gas Corporation (ONGC) had trouble in undertaking drilling work in some locations because of different geographical formations.
Malik said ONGC plans to undertake gas exploration in new geographical formation areas with the latest technology.
"As of now, Tripura Asset is gas based and who knows if oil can be discovered in future. But, there is no guarantee of discovery of oil as of today. Only time will speak", he said.
Currently, ONGC supplies around 45 lakh cubic metre of gas per day against installed capacity of producing 50 lakh cubic metre of gas per day.
In Tripura, natural gas is used only for producing power generation in two mega power plants - NEEPCO's RC Nagar plant and OPTC's Palatana power plant. The demand for gas is less in the state due to lack of industrial consumption.
(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)
Dear Reader,
Business Standard has always strived hard to provide up-to-date information and commentary on developments that are of interest to you and have wider political and economic implications for the country and the world. Your encouragement and constant feedback on how to improve our offering have only made our resolve and commitment to these ideals stronger. Even during these difficult times arising out of Covid-19, we continue to remain committed to keeping you informed and updated with credible news, authoritative views and incisive commentary on topical issues of relevance.
We, however, have a request.
As we battle the economic impact of the pandemic, we need your support even more, so that we can continue to offer you more quality content. Our subscription model has seen an encouraging response from many of you, who have subscribed to our online content. More subscription to our online content can only help us achieve the goals of offering you even better and more relevant content. We believe in free, fair and credible journalism. Your support through more subscriptions can help us practise the journalism to which we are committed.
Support quality journalism and subscribe to Business Standard.
Digital Editor
RECOMMENDED FOR YOU