Oil India Limited (OIL) on Friday said it has found natural gas in its third exploratory well in the Andaman shallow offshore block, making it the second well in the block to confirm hydrocarbon presence.
The well, Vijayapuram-3 (Loc. OAEB), was drilled approximately 15 kilometres off the east coast of the Andaman Islands at a water depth of 355 metres in the Offshore Andaman Block AN-OSHP-2018/1 under the Open Acreage Licensing Policy (OALP), the state-owned Maharatna company said in a regulatory filing to the BSE and NSE.
