2019
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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In which Indian basin did Vedanta Limited recently discover oil?
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Ganga Basin
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Ganga-Brahmaputra Basin
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Krishna-Godavari basin
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Godavari basin
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Explanation:
Detailed explanation-1: -Mangla Oil discovery of Barmer-Sanchore Basin has been rated as one of the biggest on-land discovery of the country in over three decades. As per the latest estimates about 205 million barrel proved reserve the MoP&NG, GOI has granted permission to Cairn India for exploration in lease-hold area for the same.
Detailed explanation-2: -The block lies in the vicinity of the prolific Rajasthan block which produces about 1,50,000 barrels per day of oil and gas.
Detailed explanation-3: -The block has cumulatively produced more than 700 million barrels of oil equivalent (mmboe) in the last decade. This contract extension will spur capex investment and encourage private players entering this critical sector.
There is 1 question to complete.