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Click on the top to follow us (WO) – In a financial update, India’s ONGC revealed that it has made five new discoveries in FY’ 25 so far. Since May 2024, ONGC has made three more discoveries (one onshore and two offshore) in its operated acreages. Out of these, 2 are prospective (one onshore and one offshore), and one is a new pool (onshore) discovery: PURN-1. The PURN-1 exploration well (CB-ONO-PU-A) was drilled in OALP block CB-ONHP-2019/1 to explore HC potential of Olpad & Kadi. During testing, the well flowed viscous oil after heat treatment through hot water. PURN-1’s success in the Olpad Formation has established the presence of oil and gas in the prospect and opened up a new area for exploration in and around OALP block CB-ONHP-2019/1. West Matar-2. The West Matar-2 exploration well (MRAX) was drilled in Matar Addl. (7 year PML) area to explore HC potential of Middle Eocene Play (Hazad Member). Two objects were tested in sand-6 and sand-8 of Gandhar. While Gandhar S
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