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

Oil India confirms natural gas presence in Andaman offshore well

Apollo Micro Systems eyes ₹2,500 crore buyout of premier explosives

Apollo Micro Systems eyes ₹2,500 crore buyout of premier explosives

Dixon Technologies to own 51% in new Vivo manufacturing venture

Dixon Technologies to own 51% in new Vivo manufacturing venture

L&T Finance Q1 PAT rises 29% to ₹902 crore; retail disbursements jump 36%

L&T Finance Q1 PAT rises 29% to ₹902 crore; retail disbursements jump 36%

Precious metals rebound as Fed uncertainty lingers; Crude oil corrects

Precious metals rebound as Fed uncertainty lingers; Crude oil corrects

Commodities outlook: Gold up, oil under pressure

Commodities outlook: Gold up, oil under pressure

Cognizant to scale Frontier AI workforce to 15,000, targets stronger enterprise AI outcomes

Cognizant to scale Frontier AI workforce to 15,000, targets stronger enterprise AI outcomes

Demat account openings hit four-month high in June

Demat account openings hit four-month high in June

JSW Steel reports consolidated crude steel production of 6.59 million tonnes for Q1 FY27

JSW Steel reports consolidated crude steel production of 6.59 million tonnes for Q1 FY27

SBI Funds Management sets IPO price band at ₹545–574

SBI Funds Management sets IPO price band at ₹545–574

Tata Steel Q1 volumes signal strong India demand as domestic deliveries rise 11%

Tata Steel Q1 volumes signal strong India demand as domestic deliveries rise 11%

NALCO, NLC India form JV to build 1,080 MW captive thermal power plant in Odisha

NALCO, NLC India form JV to build 1,080 MW captive thermal power plant in Odisha

US-based Saicon buys Nagpur’s Pragmatyc in AI and AIoT expansion push

US-based Saicon buys Nagpur’s Pragmatyc in AI and AIoT expansion push

  • Market
  • Commodity
  • Personal Finance
  • Data Story
  • News
  • Contact Us
Friday, July 10, 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

L&T Finance Q1 PAT rises 29% to ₹902 crore; retail disbursements jump 36%

L&T Finance Q1 PAT rises 29% to ₹902 crore; retail disbursements jump 36%

0

DBT Bureau Pune, 10 July 2026 The Board of L&T Finance announced the financial results for the first quarter ended...

JSW Steel reports consolidated crude steel production of 6.59 million tonnes for Q1 FY27

JSW Steel reports consolidated crude steel production of 6.59 million tonnes for Q1 FY27

0

DBT Bureau Pune, 9 July 2026 JSW Steel reported consolidated crude steel production of 6.59 million tonnes in the first...

Tata Steel Q1 volumes signal strong India demand as domestic deliveries rise 11%

Tata Steel Q1 volumes signal strong India demand as domestic deliveries rise 11%

0

DBT Bureau Pune, 8 July 2026 Tata Steel Ltd reported a solid start to FY27, with its India business driving...

NALCO, NLC India form JV to build 1,080 MW captive thermal power plant in Odisha

NALCO, NLC India form JV to build 1,080 MW captive thermal power plant in Odisha

0

DBT Bureau Pune, 8 July 2026 National Aluminium Company Limited and NLC India Limited has signed a Joint Venture-cum-Shareholders' Agreement...

Apollo Micro Systems eyes ₹2,500 crore buyout of premier explosives
Market

Apollo Micro Systems eyes ₹2,500 crore buyout of premier explosives

0

Athira Sethu Kochi, 10 July 2026 Defence equipment manufacturer Apollo Micro Systems is reportedly close to acquiring Premier Explosives in...

Read moreDetails
Dixon Technologies to own 51% in new Vivo manufacturing venture
Business

Dixon Technologies to own 51% in new Vivo manufacturing venture

0

Athira Sethu Kochi, 10 July 2026 Dixon Technologies has signed definitive agreements with Vivo Mobile India Pvt. Ltd. (VMI) to...

Read moreDetails
L&T Finance Q1 PAT rises 29% to ₹902 crore; retail disbursements jump 36%
News

L&T Finance Q1 PAT rises 29% to ₹902 crore; retail disbursements jump 36%

0

DBT Bureau Pune, 10 July 2026 The Board of L&T Finance announced the financial results for the first quarter ended...

Read moreDetails
Precious metals rebound as Fed uncertainty lingers; Crude oil corrects
Commodity

Precious metals rebound as Fed uncertainty lingers; Crude oil corrects

0

DBT Bureau Pune, 10 July 2026 Gold prices rebounded sharply, settling 1.11% higher at ₹145,300 as a slightly weaker U.S....

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.