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Out of the total, 50 are in the Godavari on-Land PML Block of Krishna Godavari Basin, and three in the Cuddapah basin.
Published Dec 12, 2022 | 1:58 PM ⚊ Updated Dec 12, 2022 | 1:58 PM
ONGC to drill 53 exploratory wells in Andhra Pradesh. Representational Image. (Creative Commons)
Oil and Natural Gas Corporation Ltd (ONGC) proposes to drill 53 exploratory wells in Andhra Pradesh — 50 in the Godavari on-Land PML (Petroleum Mining Lease) Block of Krishna Godavari (KG) Basin, and three in CD-ONHP-2020/1 (OALP-Vi) Block Of Cuddapah basin with an investment outlay of ₹2,150 crore.
Andhra Pradesh State-Level Environment Impact Assessment Authority (SEIAA), in a meeting held last month, cleared two separate proposals put up by the ONGC for an environmental approval.
According to ONGC, it proposes to carry out the onshore exploration of 50 wells during 2021-2028 in the Godavari on-land PML block of the KG basin in the East and West Godavari Districts of Andhra Pradesh, based on geological and geophysical studies.
These wells will be converted to development wells and connected to the nearest Early Production System (EPS)/ Gas Collecting Station (GCS) if proven commercially viable, it further said.
“Total of ₹2,000 crore (approximately ₹40 crore for each well),” ONGC said in the case of KG basin exploratory wells.
ONGC proposes to carry out the prospecting and exploration drilling in the CD-ONHP-2020/1 block of the Cuddapah basin falling in Kurnool, Anantapur and YSR Kadapa districts of Andhra Pradesh, it said in another proposal, adding that, based on geological and geophysical studies, the three exploratory locations are planned to be drilled during the period 2021-24.
The estimated project cost for the three wells would be ₹150 crore and it would take three to five months for exploratory drilling at each well site, ONGC said.
“The Committee after examining the project proposals, presentations, MoEF&CC Notifications & OMs and detailed deliberations, recommended to issue environmental clearance with following additional conditions,” the SEIAA said while giving its nod.
The proponent shall have the liability to pay compensation to the farmers and property holders in case of damages due to the operation of wells, the committee said as one of the conditions.
ONGC currently produces 4.4 million standard cubic feet of gas and over 700 tonnes of oil from the KG Basin per day.
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