Press Esc to close
Friday 31 October 2014
News updated at 9:15 PM IST
Weather
Max: 28.4°C
Min : 18°C
In Bangalore
Partially cloudy

Videocon finds natural gas in Mozambique

Mumbai, April 22, 2013, (IANS):

Videocon Industries Monday announced a significant natural gas discovery in its offshore Rovumal block in Mozambique.

"Videocon Industries advises that Anadarko Petroleum Corporation, operator of Rovumal block, offshore Mozambique, announced the discovery of a new natural gas accumulation within the Offshore Area 1 of the Rovuma Basin," the company said in a filing with the Bombay Stock Exchange (BSE).

The company through Videocon Hydrocarbon, a wholly owned subsidiary, has 10 percent interest in the offshore area-1 of the Rovumal block.


The Orca-1 discovery well encountered approximately 190 net feet (58 metres) of natural gas in a Paleocene fan system, while the accumulation was fully contained within the offshore area-1 of the Rovumal, the statement added.

The well was drilled to a total depth of approximately 4,996 metres, in water depths of approximately 1,061 metres.

Pradeep N. Dhoot, director of Global E&P Business of Videocon Hydrocarbon, said the success of the exploration well 'Orca’ in the Rovumal Basin, has further added to the vast hydrocarbon resources already established in the block.

Go to Top

Photo Gallery
A view of the statue of Sardar Vallabhbhai Patel on the occasion of his birth anniversary...

A view of the statue of Sardar Vallabhbhai Patel on the occasion of his birth anniversary...

Congress President Sonia Gandhi and Rahul Gandhi paying tribute to former Prime Minister...

Congress President Sonia Gandhi and Rahul Gandhi paying tribute to former Prime Minister...

Artists perform during a function on the occasion of birth anniversary of Sardar...

Artists perform during a function on the occasion of birth anniversary of Sardar...

Members of Thamizhar Vazhvurimai Koottamaippu during a protest against Sri Lankan court's...

Members of Thamizhar Vazhvurimai Koottamaippu during a protest against Sri Lankan court's...

Indian cricket players during their practice session at barabati stadium in Cuttack...

Indian cricket players during their practice session at barabati stadium in Cuttack...

Delhi Police band performs at India Gate near Amar Jawan Jyoti to salute Sardar...

Delhi Police band performs at India Gate near Amar Jawan Jyoti to salute Sardar...

Army soldiers patrolling after an IED was recovered in a gas cylinder near the Circuit House...

Army soldiers patrolling after an IED was recovered in a gas cylinder near the Circuit House...

Tourist take pictures from a boat as people bath in the Ganges river in Varanasi...

Tourist take pictures from a boat as people bath in the Ganges river in Varanasi...

Devendra Fadnavis being sworn-in as the new Maharashtra Chief Minister by Governor...

Devendra Fadnavis being sworn-in as the new Maharashtra Chief Minister by Governor...

A camel herder sits as he feeds his camels at the annual cattle fair in Pushkar, in the Rajasthan...

A camel herder sits as he feeds his camels at the annual cattle fair in Pushkar, in the Rajasthan...

Copyright 2014, The Printers (Mysore) Private Ltd., 75, M.G Road, Post Box 5331, Bangalore - 560001
Tel: +91 (80) 25880000 Fax No. +91 (80) 25880523