E&P companies drill 217 oil & gas wells in 40 months


The oil and gas Exploration and Production (E&P) companies, operating in different parts of the coun-try, have drilled around 217 wells including 87 ex-ploratory and 130 appraisal and development during a 40-month period.

As a result of the exploration and development ac-tivities, the companies produced additional 32,496,029 barrel (BBL) oil and 1,436,546 million cubic feet (MMCF) gas in 2018-19; around 28,086,649 BBL oil and 1,316,635 MMCF gas in 2019-20; as many as 27,568,461 BBL oil and 1,279,243 MMCF gas in 2020-21 and 9,295,184 BBL oil and 415,366 MMCF gas in first four months of the current fiscal year.—APP

Previous articleSome in Congress seek to ban US lawmakers from trading stocks
Next articleMCCI urges govt to withdraw buyers’ identity card compulsion on sales