Moneycontrol PRO
HomeNewsBusinessCompaniesONGC has found hydrocarbon deposit in Mizoram

ONGC has found hydrocarbon deposit in Mizoram

Replying to a query from Lalrinawma of the Mizo National Front (MNF), Rohluna said that the Oil exploration companies have been conducting tests on the gas found while drilling and hydro-fracturing have been conducted to find out whether more deposits were available.

March 30, 2016 / 15:07 IST
     
     
    26 Aug, 2025 12:21
    Volume
    Todays L/H
    More

    Oil and Natural Gas Corporation (ONGC) has found hydrocarbon (gas) deposits at Meidum area in Mizoram-Assam border Kolasib district, state Industries Minister H. Rohluna today said in the state assembly.

    Replying to a query from Lalrinawma of the Mizo National Front (MNF), Rohluna said that the Oil exploration companies have been conducting tests on the gas found while drilling and hydro-fracturing have been conducted to find out whether more deposits were available.

    "As of now, the ONGC predicted that there could be 5,52,674 standard cubic feet (SCF) of gas per day from the Meidum exploration site," he said.

    Four oil giants were involved in the oil exploration venture in the state, he said, adding, however, that the Reliance company was axed for not undertaking anu exploration and the Director General of Hydrocarbons would soon float another global tender to choose companies to take up exploration in the southern parts of the state.

    He said that the companies engaged in the hydrocarbon exploration have already paid Rs 22.06 crore to the state government as Petroleum Exploration Licence (PEL) fees till date.

    first published: Mar 30, 2016 02:50 pm

    Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!

    Subscribe to Tech Newsletters

    • On Saturdays

      Find the best of Al News in one place, specially curated for you every weekend.

    • Daily-Weekdays

      Stay on top of the latest tech trends and biggest startup news.

    Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347
    CloseOutskill Genai