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=> The Bihar government has approved petroleum exploration licence (PEL) to ONGC to assess the existence of oil reserves in Samastipur and Buxar districts of the state.
=> It may be recalled that ONGC had applied for a licence for exploration in both the blocks after getting information about oil reserves at Samastipur and Buxar in the Ganga basin.
=> 308.32 sq km in Samastipur Oil in the field is to be discovered with state-of-the-art technology. At the same time, 52.13 sq km of Buxar.
=> Petroleum products will be discovered in the area.
=> The first step will be to carry out a 2D seismic survey using the latest seismic data recording system.
=> This will be followed by a geochemical survey using advanced technology.
=> The surveys will be completed with gravitational magnetic and magneto-telluric (MT) surveys in the coming days.
=> It is worth mentioning that oil reserves have been discovered in some parts of Bihar in the past, but no commercial success was achieved.
=> However, this had helped to gather valuable geological information for further exploration.
By: ASRAF UDDIN AHMED ProfileResourcesReport error
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