POTENTIALITY OF
OIL AND GAS IN HIMALAYAN REGION
Since last 50 years,
National Oil Companies (NOCs), namely Oil and Natural Gas Corporation
Limited (ONGC) and Oil India Limited (OIL) have carried out exploration
activities in the Himalayan region with the basic objective of
identifying prospective areas for hydrocarbons. During Tenth Plan,
NOCs have envisaged acquisition of 425 Ground Line Kilometres
(GLK) of 2 D seismic data and drill 3 exploratory wells in this
region, with an estimated expenditure of Rs. 83 crore. In addition,
Directorate General of Hydrocarbon (DGH) has planned for an aeromagnetic
survey in the Himalayan region and Ganga basin for carving out
exploration blocks for offer under the future round of New Exploration
Licensing Policy (NELP), with an expenditure of around Rs. 6 crore.
The success of above plans depends on the results of exploration,
for which no time frame can be laid down.
The above information
was given by the Minister of State for Petroleum & Natural
Gas, Shri Santosh Gangwar, today in the Rajya Sabha in a written
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