ONGC strikes oil off Mumbai
India Well WO 24-3, west of Mumbai High, struck around 147 million boe of reserves, Reuters reported.
“One zone alone yielded more than 3,000 barrels per day of oil and there are deeper zones where oil and gas both are encountered,” an anonymous industry source told the agency. “It is a large discovery going by Indian standards and is in a different play than discoveries made in the neighbouring Mumbai High fields.”
Mumbai High is India’s largest offshore asset, producing about 200,000 boepd of oil and gas.
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