ONGC Announces Major Oil and Gas Discoveries in Mumbai Offshore Hydrocarbon Basin
Mumbai, May 25, 2025 – The Oil and Natural Gas Corporation (ONGC) has reported significant new discoveries of oil and gas in the Mumbai Offshore Hydrocarbon Basin, bolstering India’s energy exploration efforts. The finds, located in the Arabian Sea off the coast of Mumbai, are expected to enhance the country’s domestic energy production and contribute to energy security.According to ONGC, the discoveries were made following extensive seismic surveys and exploratory drilling in the region.
Preliminary assessments indicate substantial reserves of both crude oil and natural gas, with the potential to significantly augment ONGC’s production capacity. The company has not yet disclosed specific details regarding the volume of reserves or the timeline for commercial production, pending further evaluation.“This is a pivotal moment for ONGC and India’s energy sector,” said an ONGC spokesperson. “The Mumbai Offshore Basin continues to be a cornerstone of our exploration strategy, and these discoveries reaffirm its potential as a key hydrocarbon hub.”The Mumbai Offshore Basin, one of India’s most prolific hydrocarbon regions, already accounts for a significant portion of the country’s oil and gas output, with fields like Mumbai High being major contributors.
The new discoveries are expected to attract further investment in exploration and production activities, potentially reducing India’s reliance on imported energy.ONGC is now focusing on detailed appraisals to determine the commercial viability of the finds. The company plans to deploy advanced technologies to optimize extraction and ensure sustainable development of the resources.This breakthrough comes at a time when India is intensifying efforts to boost domestic energy production to meet growing demand and achieve greater self-reliance. Further updates on the discoveries are expected as ONGC completes its assessments.
