Friday, May 13, 2022

ONGC to undertake 2D seismic survey of 70,000 line km of Indian Offshore

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New Delhi: Oil and Natural Gas Corporation Limited (ONGC) will undertake a two-dimensional (2D) seismic survey of the un-appraised areas of India’s Exclusive Economic Zone (EEZ). The decision has been taken recently by the Ministry of Petroleum & Natural Gas (MoPNG) to impart impetus to exploration in offshore areas through National Oil Companies (NOCs). 

Director-General of Hydrocarbon (DGH) has entrusted ONGC to carry out 2D seismic surveys in Offshore areas up to EEZ  of India involving Acquisition, Processing and Interpretation (API) of 70,000 LKM of 2D Seismic Data in three sectors; Western, Eastern and Andaman Offshores within two years. The Ministry of Petroleum & Natural Gas has also approved that DGH will reimburse the cost of this to ONGC.

ONGC has already started preparation for acquiring the proposed 2D Seismic Data on fast track. A Vendors’ meet with all prospective Marine Seismic Data Acquisition companies is scheduled on 1 April 2022 to showcase the objective of Seismic Survey, Acquisition Parameter and expected deliverable from the proposed seismic survey in Offshore Sectors in un-appraised areas up to EEZ. After incorporating the interactions with Vendors, a tender will be floated.

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