India Report Exploration of Crude Oil & Natural Gas in the River Beds
Under the Production Sharing Contract (PSC) regime, so far, 9 exploration blocks have been awarded in Ganga basin under various rounds of bidding under New Exploration Licensing Policy (NELP). Out of the 9 blocks, 8 blocks have been relinquished and 1 block is under operation at present.
In so far as Bihar State is concerned, under the PSC regime, 3 exploration blocks have been awarded under various rounds of bidding under NELP. 2423 Line Kilometre(LKM) of 2D & 947 Square Kilometre(SKM) of 3D seismic data have been acquired and 3 exploratory wells drilled in these blocks. However, no oil/gas discovery has been made. All these exploration blocks have been relinquished by operators.
ONGC has acquired 8490 LKM of 2D, 947 SKM of 3D seismic data and has drilled 8 exploratory wells in Ganga, Kosi and Gandak basins in the State of Bihar.
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