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ONGC drills record 501 wells in FY17

ONGC drills record 501 wells in FY17

Monday, April 10, 2017, 3:25 PM

ONGC has set a new record of drilling over 500 wells in 2016-17 at an expenditure of Rs.15,747 crore as the major state-owned explorer steps up efforts to boost domestic output. ONGC drilled 501 wells in the financial year ended March 31-2017 as compared to 386 wells in 2015-16. This is the first time in 23 years that ONGC has crossed the 500-well mark.
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