Petroleum and Natural Gas Minister Hardeep Singh Puri today congratulated Oil India Limited and Indian Oil Corporation Limited for the successful new oil and gas discovery in the contract area of the Ghadames Basin, Libya.
In a social media post, the Ministry informed that the well was drilled to a final depth of 8,440 feet and achieved production of 13 million cubic feet of gas and 327 barrels of condensate per day.
Mr Puri said the discovery reflects the growing global footprint of Indian energy companies, the importance of strategic international alliances, and the country’s commitment to strengthening national energy security through overseas asset acquisition by national oil companies.