Tag: ultra-deepwater exploration

India: ONGC plans INR 1 lakh crore deepwater exploration push to boost domestic crude oil, natural gas output

Sep 3, 2026

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by

Manvendra Chauhan

in Crude Oil

ONGC plans to drill 8 wells in FY’27, targets 87 wells through FY’31 Govt’s Samudra Manthan scheme supports offshore exploration Oil and Natural Gas Corporation (ONGC) plans to invest about INR 1 lakh crore over five years to drill 87 deepwater and ultra-deepwater wells in India’s offshore basins through FY’31, as the country seeks to…