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Oil Production from Krishna Godavari Basin

Context: ONGC begins ‘first oil production’ from deep-water block (KG-DWN-98/2 Block)in Krishna Godavari basin.

ONGC Begins Oil Production from Krishna Godavari Basin

  • Location: The block is located  approximately 25 km from the Kakinada coast in the Krishna Godavari basin off the Bay of Bengal 
  • Expected production:
    • Approximately around 45,000 barrels per day & over  10 million cubic meters of gas per day.
    • It will add 7% to current national oil production & 7% to national Natural Gas production!
    • It will help increase the ONGC’s total oil production by 11% and natural gas production by 15%.
  • The final phase of the 98/2 block project is  to begin the production of the balance of oil and natural gas by mid-2024.

Krishna Godavari basin

Oil  Natural Gas Corporation of India ONGC 

About: It is a Maharatna and is the largest crude oil and natural gas Company in India, contributing around 71 percent to Indian domestic production.

About Krishna Godavari Basin

  • It is an Extensive deltaic plain formed by the  rivers, Krishna and Godavari in Andhra Pradesh  and  16 adjoining areas, of the Bay of Bengal on the East Coast of India
  • The basin contains about 5 km thick sediments with several cycles of deposition, ranging in age from Late Carboniferous to Pleistocene.
  • Major geomorphological units:  Upland plains, coastal plains, recent Floods, and delta plains.
  • Hydrocarbon potential: The Krishna Godavari Basin is an established hydrocarbon province with a resource base of 1130 MMT, of which, 555 MMT are assessed for the offshore region.
  • Petroleum System: It is a petroliferous basin with commercial hydrocarbon accumulations in the oldest Permo-Triassic Mandapeta Sandstone on land to the youngest Pleistocene channel levee complexes in deep water offshore. 
    • The basin’s petroleum systems can be classified into two categories viz. Pre-Trappean and Post-Trappean in view of their distinct tectonic and sedimentary characteristics
  • Depositional systems: Godavari delta system, Masulipatnam shelf-slope system, Nizampatinam shelf –slope system and Krishna delta system.

News source: PIB

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 Final Result – CIVIL SERVICES EXAMINATION, 2023.   Udaan-Prelims Wallah ( Static ) booklets 2024 released both in english and hindi : Download from Here!     Download UPSC Mains 2023 Question Papers PDF  Free Initiative links -1) Download Prahaar 3.0 for Mains Current Affairs PDF both in English and Hindi 2) Daily Main Answer Writing  , 3) Daily Current Affairs , Editorial Analysis and quiz ,  4) PDF Downloads  UPSC Prelims 2023 Trend Analysis cut-off and answer key

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 Final Result – CIVIL SERVICES EXAMINATION, 2023.   Udaan-Prelims Wallah ( Static ) booklets 2024 released both in english and hindi : Download from Here!     Download UPSC Mains 2023 Question Papers PDF  Free Initiative links -1) Download Prahaar 3.0 for Mains Current Affairs PDF both in English and Hindi 2) Daily Main Answer Writing  , 3) Daily Current Affairs , Editorial Analysis and quiz ,  4) PDF Downloads  UPSC Prelims 2023 Trend Analysis cut-off and answer key

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UDAAN PRELIMS WALLAH
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Quick Revise Now !
UDAAN PRELIMS WALLAH
Comprehensive coverage with a concise format
Integration of PYQ within the booklet
Designed as per recent trends of Prelims questions
हिंदी में भी उपलब्ध

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