Investor Presentaiton
India's 26 sedimentary basins covering 3.14 million square kms have not been
exploited to optimum levels
National Seismic Programme (NSP) was launched to trace hydrocarbon resources.
ONGC has been assigned to carry out the survey of 40,835 Line Kilo Meter (LKM) in
onland part of 26 sedimentary basins in 18 States and Union Territories.
OIL has been assigned to carry out 2D seismic API of 7,408 LKM in Assam, Manipur,
Arunachal Pradesh, Mizoram and Nagaland.
The Cabinet Committee on Economic Affairs (CCEA) in Sept'17 approved Rs 30bn
project, in respect of the appraisal of 48,243 LKM of 2D seismic data to be completed
by FY20.
The recent revival of Oil & Gas prices and its price stability, creates a visibility in O&M
projects and related opportunities.
4 Asian
Oilfield Services
An Oilmax Company
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