ONGC, which has opened seven of India's eight oil and gas producing basins, is preparing to open another, Vindhyan, as it plans to commercialise a gas discovery made in Madhya Pradesh.

The company said in a statement that an exploratory well in the Son valley section of Madhya Pradesh's Damoh district discovered gas and that tests confirmed commercially usable volumes.

"The Oil and Natural Gas Corporation (ONGC) is preparing to commercialise the Vindhyan Basin. This would be India's ninth producing basin (and ONGC's eighth)," it stated.

When commercial oil production began from the Ashok Nagar discovery in December 2020, the company officially opened the eighth Indian Basin, the Bengal Basin. India contains 26 sedimentary basins that cover 3.4 million square kilometres of land and water, with a total area of 3.4 million square kilometres. Seven of these basins have economically producing oil and gas discoveries: Krishna Godavari, Mumbai Offshore, Assam Shelf, Rajasthan, Cauvery, Assam-Arakan Fold Belt, and Cambay. In December 2020, Bengal was added to the list. Furthermore, there are five basins - Saurashtra, Kutch, Vindhyan, Mahanadi, and Andaman - that are thought to contain hydrocarbon potential but have yet to be commercially proven. Other basins have relatively low hydrocarbon prospectively.

On this historic occasion on March 29, 2022, ONGC Director (Exploration) R K Srivastava personally supervised the testing activities at the well-site.

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