ONGC to to explore shale gas in Cambay

Following the successful drilling of the country's first shale gas exploratory well near Jambusar about 60 km from here, Oil and Natural Gas Corporation (ONGC) has decided to drill more wells in Cambay region of Gujarat, a top company official said.

"ONGC had drilled the first well in Jambusar in the last week of October in 2013 to exploit the natural gas trapped within the shale formations located in Cambay basin, which is estimated to have a shale gas potential of 20 tcf (trillion cubic feet)," said GC Katiyar, who took over as the Basin Manager of Western Onshore Basin of ONGC (headquartered in Vadodara), said.

ONGC estimates India's shale gas reserve in the range of 500 to 2,000 trillion cubic meters.

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