Asoknagar-1: a milestone under Early-Monetization Plan
The Government is committed to “fully support” ONGC to make a turning point to bring more oil and gas from the subsurface of West Bengal and help to bring a new phase of prosperity for the state.
The commitment support was assured by Petroleum and Natural Gas Minister Dharmendra Pradhan at the dedication of Bengal Basin, the 8th producing basin in the country, to the nation on 20 Dec 2020.
“The formal dedication of production site to the nation today marks this as a moment of national pride and a gift from the soil of West Bengal to India,” he said.
ONGC took a major step by commencing oil production from the well Asokenagar-1, Bengal Basin in 24 Paragana district. The well Asoknagar-1 was completed as an oil producer under Early-Monetization Plan issued by Government.
“This makes ONGC having discovered and put to production seven out of the eight producing basins of India covering 83% of established oil & gas reserves,” he said.
ONGC is India’s largest oil and gas producer contributing 72% of the country’s hydrocarbon production.
The well Asokenagar-1 has heralded the end of the painstaking search for hydrocarbons in the region by ONGC by sending its first hydrocarbon consignment produced during well testing to IOCL’s Haldia Oil Refinery on 5 November 2020. Asokenagar, around 50 Km from Kolkata.
“The Bengal Basin finally looks set to find a place on the oil & gas map of the world,” he added.
Pradhan commenced the formal production of oil by switching on the Sucker Rod Pump (SRP) and visited the geophysical party camp and witnessed the seismic data collection being done for appraisal program of Asokenagar block. #manufacturing #production #energy #hydrocarbons #development /fiinews.com
