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    Home»PSU Insights»ONGC Scores Major Natural Gas Discovery in Mahanadi Deepwater Basin
    PSU Insights

    ONGC Scores Major Natural Gas Discovery in Mahanadi Deepwater Basin

    Rishabh SharmaBy Rishabh SharmaSeptember 21, 2026No Comments1 Min Read
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    NEW DELHI — Oil and Natural Gas Corporation (ONGC) has achieved a major deepwater milestone after striking natural gas in the Mahanadi Offshore Basin, 43 kilometers off the coast of Konark, Odisha.

    The successful strike occurred at well MN-DW18-1-H-D, the inaugural deepwater well drilled under ONGC’s Samudra Manthan exploration campaign. Sustained gas flow and strong reservoir pressures have been reported since September 18, 2026.

    Technical Metrics & Operational Context

    • Well Specifications: Target depth reached 1,623 meters, with the primary gas-bearing interval discovered between 1,441 and 1,452 meters.

    • Strategic Location: Positioned 43 km off the Konark coastline, enabling options for rapid commercialization and appraisal.

    • Regulatory Synergy: Intended to leverage shared processing facilities alongside adjacent discoveries under the framework of the Petroleum and Natural Gas (PNG) Rules, 2025.

    • Campaign Milestones: Drilled using the specialized drillship Platinum Explorer following initial spudding on July 25, 2026.

    ONGC
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    Rishabh Sharma

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