Bihar may soon get the gift of buried treasure. Government company ONGC is soon going to dig an oil well in Bihar. This is part of the efforts to discover oil in the Ganga valley located in Bihar.
Oil will be explored in Samastipur
An ET report quoted ONGC Director Sushma Rawat as saying. Information has been given. He told that the block in which ONGC is going to search for oil is located in Samastipur district of Bihar. This entire block is 300 square kilometers. For that, ONGC has already obtained 3D seismic data.
The first well will be drilled this year.
ONGC is going to drill two wells in its efforts to search for oil. The first well will be drilled this year. The digging of the first well will cost ONGC Rs 30 to 35 crore. The data obtained from the digging of the first well will help the company in digging the second well, and will also help it in preparing a plan for the entire exploration block.
The effort is taking place after half a century< /h3>
Earlier efforts to search for oil wells in Bihar were made several decades ago. Oil wells were last dug in Bihar about half a century ago. Since then, a lot of seismic data has emerged in the last five decades. Drilling of new wells will make it possible to make better use of that data.
Drilling will also take place in Ballia
ONGC is the country's largest oil and gas producing company. Apart from Samastipur in Bihar, the company is also going to dig wells in another block in the Ganga basin in Ballia, Uttar Pradesh. If oil is discovered in these efforts, it will give a boost to local industries and economy. Also, states like Bihar and Uttar Pradesh will get a place on the oil map. However, in the Ballia case, ONGC is facing problems related to land acquisition.
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