The Oil and Natural Gas Corp (ONGC) has made oil and gas discoveries in Madhya Pradesh and West Bengal that may potentially open up two new sedimentary basins in the country.
These oil and gas discoveries are the category-III basins, having hydrocarbon and are considered geologically prospective for exploration.
The gas deposits were discovered in a block in the Vindhyan basin. This find is at 3,000-plus meters deep and is being now tested. Four wells drilled after discovery and now hydro-frack will be undertaken to test commerciality of this field.
Oil and gas were discovered in well in Ashok Nagar of 24 Parganas district. Around one lakh cubic meters per day of gas has flowed from one object that was tested.
Category-I basins: Cambay, Mumbai Offshore, Rajasthan, Krishna Godavari, Cauvery, Assam Shelf and Assam-Arakan Fold Belt. They have been established for commercial production.
Category-II basins: Kutch, Mahanadi-NEC (North East Coast), Andaman-Nicobar, Kerala-Konkan-Lakshadweep. They are known for accumulation of hydrocarbons but no commercial production has been achieved so far.
Category-III basins: Himalayan Foreland Basin, Ganga Basin, Vindhyan basin, Saurashtra Basin, Kerela Konkan Basin, Bengal Basin. They having hydrocarbon and are considered geologically prospective.
Category-IV basins: Karewa, Spiti-Zanskar, Satpura–South Rewa–Damodar, Chhattisgarh, Narmada, Deccan Syneclise, Bhima-Kaladgi, Bastar, Pranhita Godavari and Cuddapah. They have uncertain potential which may be prospective by analogy with similar basins in the world.