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ONGC makes promising oil, gas discoveries in Mumbai offshore basin
The Island
|May 28, 2025
India’s state-owned Oil and Natural Gas Corporation (ONGC) has made promising offshore oil and gas discoveries in the Mumbai Offshore basin that could help augment production in the near future.
The discoveries have been made in blocks awarded under the Open Acreage Licensing Policy (OALP) regime, the firm said in its fourth-quarter earnings statement.
The discoveries, which have been named Suryamani and Vajramani, were made in OALP-VI block MB-OSHP-2020/2 and OALP-III block MB-OSHP-2018/1, both in the offshore Mumbai basin.
Exploratory well MBS202HAA-1 on Block MB-OSHP-2020/2 flowed 2,235 barrels per day of oil and 45,181 million cubic metres a day of gas during testing done in the January-March quarter.
Mumbai offshore is home to India's biggest oil and gas fields. Mumbai High, located 160 km off the west coast of India in the Arabian Sea, is the nation's largest and most prolific offshore oil and gas field.
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