• Latest
  • Trending
Oil India confirms natural gas presence in Andaman offshore well

Oil India confirms natural gas presence in Andaman offshore well

Silver trade under scrutiny as India strengthens import controls

Silver trade under scrutiny as India strengthens import controls

India Kept the Oil Flowing. Here Is What It Cost

India Kept the Oil Flowing. Here Is What It Cost

Coal India offers 35 MT coal auction, eases industry rules

Coal India offers 35 MT coal auction, eases industry rules

EPF members await interest credit after 8.25% rate retention

EPF members await interest credit after 8.25% rate retention

Ola Electric raises over ₹780 Cr through institutional share sale

Ola Electric raises over ₹780 Cr through institutional share sale

HCC wins ₹127 Cr contract for Wangchhu Hydroelectric Project in Bhutan

HCC wins ₹127 Cr contract for Wangchhu Hydroelectric Project in Bhutan

IndusInd Bank denies receiving official notice on whistleblower complaint

IndusInd Bank denies receiving official notice on whistleblower complaint

May month review of the stock market 

May month review of the stock market 

Hindalco expands Eternia footprint, opens flagship experience centre in New Delhi

Hindalco expands Eternia footprint, opens flagship experience centre in New Delhi

China’s aluminium output rises as Middle East tensions shake commodity markets

China’s aluminium output rises as Middle East tensions shake commodity markets

TCS to support AI adoption across IT operations for Finland’s Nokian Tyres

TCS to support AI adoption across IT operations for Finland’s Nokian Tyres

Indiabulls Board clears Rs 1,000 crore capital raise plan

Indiabulls Board clears Rs 1,000 crore capital raise plan

  • Market
  • Commodity
  • Personal Finance
  • Data Story
  • News
  • Contact Us
Saturday, June 6, 2026
  • Login
Data Biz Times
No Result
View All Result
Data Biz Times
No Result
View All Result

Oil India confirms natural gas presence in Andaman offshore well

in News
Reading Time: 1 min read
0
Oil India confirms natural gas presence in Andaman offshore well
Share on FacebookShare on Twitter

DBT Bureau

Pune, 6 June 2026

Oil India Limited (OIL) has reported a fresh natural gas discovery in the Andaman offshore region, marking its second hydrocarbon find in the block during the ongoing exploration campaign. The discovery was made in the Vijayapuram-3 exploratory well, located around 15 km off the east coast of the Andaman Islands in the AN-OSHP-2018/1 block under the Open Acreage Licensing Policy (OALP).

Initial production testing at a depth of more than 1,900 meters in the Eocene formation confirmed the presence of natural gas through continuous flaring. The well began producing immediately after perforation, with pressure buildup indicating a productive reservoir. OIL is currently conducting gas sampling and isotope studies to determine the gas composition, calorific value, and origin.

The latest find follows the natural gas discovery at the Vijayapuram-2 well in September 2025 and strengthens the hydrocarbon prospects of the Andaman offshore basin. As part of its appraisal efforts, the company has completed reprocessing of existing 2D seismic data and acquired an additional 600 sq. km of 3D seismic data. Processing and interpretation of the seismic information are underway, after which appraisal drilling is expected to begin. The back-to-back discoveries are expected to provide valuable insights for future exploration activities in the region and could enhance the area’s potential as a new hydrocarbon-producing zone.

Related Posts

Coal India offers 35 MT coal auction, eases industry rules

Coal India offers 35 MT coal auction, eases industry rules

0

DBT Bureau Pune, 5 June 2026 In a series of business-friendly initiatives, Coal India Limited (CIL) is offering more coal...

EPF members await interest credit after 8.25% rate retention

EPF members await interest credit after 8.25% rate retention

0

Athira Sethu Kochi, 5 June 2026 In March 2026, the Employees' Provident Fund Organisation (EPFO) kept the Employees’ Provident Fund...

HCC wins ₹127 Cr contract for Wangchhu Hydroelectric Project in Bhutan

HCC wins ₹127 Cr contract for Wangchhu Hydroelectric Project in Bhutan

0

DBT Bureau Pune, 5 June 2026 Hindustan Construction Company Ltd. secured a contract worth ₹127 crore from Wangchhu Hydroelectric Power...

IndusInd Bank denies receiving official notice on whistleblower complaint

IndusInd Bank denies receiving official notice on whistleblower complaint

0

Athira Sethu Kochi, 4 June 2026 IndusInd Bank clarified that they haven't gotten any official word from the government or...

Oil India confirms natural gas presence in Andaman offshore well
News

Oil India confirms natural gas presence in Andaman offshore well

0

DBT Bureau Pune, 6 June 2026 Oil India Limited (OIL) has reported a fresh natural gas discovery in the Andaman...

Read moreDetails
Silver trade under scrutiny as India strengthens import controls
Commodity

Silver trade under scrutiny as India strengthens import controls

0

DBT Bureau Pune, 6 June 2026 According to the latest report from Geojit Investments Limited, precious metals traded lower amid...

Read moreDetails
India Kept the Oil Flowing. Here Is What It Cost
Opinion

India Kept the Oil Flowing. Here Is What It Cost

0

By Sadananda Mohapatra, Senior Business Journalist Lead Story: Same Volumes, Twice the Price: How India Kept Its Crude Supply Intact...

Read moreDetails
Coal India offers 35 MT coal auction, eases industry rules
News

Coal India offers 35 MT coal auction, eases industry rules

0

DBT Bureau Pune, 5 June 2026 In a series of business-friendly initiatives, Coal India Limited (CIL) is offering more coal...

Read moreDetails
DBT Bureau

Data Biz Times © 2024. All Rights Reserved.

Navigate Site

  • Media Release
  • Blog
  • Contact Us
  • Privacy Policy

Follow Us

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

No Result
View All Result
  • Market
  • News
  • Data Story
  • Business
  • Media Release
  • Tech
  • Contact Us

Data Biz Times © 2024. All Rights Reserved.