India reached an important milestone in its journey towards self-reliance with the recent extraction of the first oil from the Krishna-Godavri (KG) Block by the Oil and Natural Gas Corporation (ONGC). ES Ranganathan, former Director at GAIL, praised this as a crucial step towards Aatmanirbhar Bharat, showcasing not just ONGC's capabilities but also India's dedication to energy independence.
“This significant initiation of oil extraction from the KG deepwater block, located about 35 kilometers off the coast of Andhra Pradesh in the Bay of Bengal, is a big milestone. This development comes from the 'M' field within the KG-DWN-98/2 block," said ES Ranganathan. Highlighting the contribution of a massive 7% to both national oil and natural gas production, ES Ranganathan adds, “This accomplishment further strengthens India's position as the fastest-growing economy globally.”
ONGC's use of advanced technologies and innovative methods to tap into the unexplored potential of the KG Block not only showcases India's progress in research and development but also highlights the nation's commitment to embracing modern technologies. “Advanced seismic imaging, cutting-edge drilling techniques, and effective reservoir management played crucial roles in this successful extraction. Challenges faced in the KG-DWN-98/2 block, like the waxy nature of the crude, were tackled through innovative 'Pipe in Pipe' technology—a first in India,” explains ES Ranganathan. This initiative demonstrates ONGC's commitment to enhancing India's capabilities in the energy sector through cutting-edge solutions, significantly contributing to the country's advancements in research, development, and the adoption of modern technologies.
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