ONGC to roll out new ‘basin’ in Agartala by 2017
State-run energy behemoth Oil and Natural Gas Corp (ONGC) will set up a new ‘basin’ in Agartala by the end of next year as it looks to focus more on exploration of oil and gas in the North-East region. “We are discussing about setting up a ‘basin’ in Agartala. Director of exploration and I visited Agartala around five months ago. We checked the facilities. Currently work for creation of workstation is going on,” ONGC director (Onshore) Ved Prakash Mahawar said. Construction work is going on as earlier there was no proper building to start functioning of a ‘basin’ in Agartala, he added. “A ‘basin’ receives huge amount of data, which are processed subsequently. It will take around a year to prepare the facility. By 2017, we will roll out the Agartala Basin,” Mahawar said. ONGC’s North East operations are divided into two areas—Assam Shelf from Jorhat to Duliajan and Assam Fold Belt from Silchar to Agartala. While exploration is being done only by Assam-Arakan ‘basin’ based at Jorhat, the production is divided by three ‘assets’— Assam Asset at Nazira, Jorhat Asset at Jorhat and Tripura Asset at Agartala.