The private hands boosted the oil exploration process in the country

At Andaman sea-coast a big crude-oil reserve is reported to have been found. So big it is assumed to be that when oil will have begun to be extracted, its total capacity would touch 2.50 lacs barrels per day.

- BY ER. RAJESH PATHAK

From Bombay we get 1.35 barrels per day, notably. Since 1970 Bombay High has been contributing 35% of what we in all extract indigenously. Some time back near Bombay High in two more places the oil reserves are found, which are named as Suryamani and Bajramani. And in Tripura in around 200 wells the operation of oil exploration is underway, some of which is indicating to be having oil. So also, in 5 wells in Godavari basin 45 thousand barrels oil per day would estimated to be tapped when begins the extraction. Then in Bihar’s Samastipur, and Balia of UP are also found oil reserves. Question persists, what led that since the few years back the sudden spike in oil exploration that we observe.