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ONGC hits shale gas at Icchapur
Economic Times ^ | 28 Jan, 2011 | ET Bureau

Posted on 01/27/2011 4:42:46 PM PST by crescen7

State-run Oil & Natural Gas Corp (ONGC) has produced first shale gas in the country at Icchapur in Durgapur district of West Bengal, reports Our Bureau from New Delhi. ONGC said the 2,000-metre deep well at the shale formation encountered gas on January 25.

"The breakthrough is significant as India is the first Asian country where gas was discovered from shale outside USA and Canada," ONGC said in a statement. Shale gas is non-conventional natural gas reserves found in non-porous rock and requires fracking technology to extract gas from shale.

India has huge shale deposits in Assam, Gujarat, Rajasthan, the Gangetic plain, the Cambay basin and the Gondwana basin. ONGC had started drilling the first shale gas well at Icchapur village on September 26 last year. The company has awarded a contract to Schlumberger for the pilot project.

ONGC is also undertaking a 128-crore pilot project for exploration of shale gas in the Damodar basin in Jharkhand and plans to drill three wells by March 31, 2012. Shale gas is major source of energy in the US and Canada.


TOPICS: Business/Economy; News/Current Events
KEYWORDS: carbon; energy; gas; india
This could be significant. If the Indian economy begins to rely more heavily on natural gas, look for more innovation to be based around gas - which is plentiful in the US.
1 posted on 01/27/2011 4:42:48 PM PST by crescen7
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To: crescen7
"The breakthrough is significant as India is the first Asian country where gas was discovered from shale outside USA and Canada,"
Not true. Parts of Europe to name a few, Austria, Germany, Hungray, Poland, Sweden, and UK, Asia, China also have finds. And are in the process of extraction. And you can throw in Australia as well.
But good for the Indians to start going after it.
2 posted on 01/27/2011 4:52:37 PM PST by Marine_Uncle (Honor must be earned....Duncan Hunter Sr. for POTUS.)
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To: crescen7

Significant IS the word. I’ll guess that we’ll be seeing more “unexpected” discoveries like this in many parts of the world, and soon.

Of course THOSE countries will exploit THEIR finds.


3 posted on 01/27/2011 4:54:47 PM PST by pingman (Price is what you pay, value is what you get.)
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To: pingman

Some people really believe one should be reluctant to excel and not “give someone else a chance”.Some just hate America. Both types have infested the U.S. government,colleges, and media.


4 posted on 01/27/2011 5:08:52 PM PST by hoosierham (Waddaya mean Freedom isn't free ?;will you take a credit card?)
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To: crescen7

and requires fracking technology to extract gas from shale
~~~~~~~~~~~~~~~~~~~~~~~~~~

that fracking technology is just fracking fabulous!


5 posted on 01/27/2011 5:14:27 PM PST by mamelukesabre (Si Vis Pacem Para Bellum (If you want peace prepare for war))
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To: mamelukesabre

“that fracking technology is just fracking fabulous!”

aint that the fracking truth !


6 posted on 01/27/2011 6:12:34 PM PST by crescen7 (game on)
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