ONGC to invest Rs 6000 Crore in drilling 200 developmental wells in Assam

ONGC would be investing about Rs.6,000 crore in drilling 200 developmental Wells across in Sivasagar and Charaideo districts of Assam.

S K Moitra, Director (Onshore), ONGC, on his maiden visit to ONGC Assam Asset, after taking over the charge of Director (Onshore) said expressed happiness that as a New Year gift, 308 numbers of Posts for recruitment by ONGC Assam Asset (non-executive level) has been announced/published on the very first day of 2019.

ONGC stated that it will be investing Rs.6,000 Crore in drilling 200 Developmental Wells across fields under ONGC Assam Asset in Sivasagar and Charaideo districts.


The Wells are proposed to be drilled during the next seven years starting from 2018-19 and all necessary statutory clearances are being obtained. The investment planned will lead to increase in production from the state.

The company stated, “ONGC is further giving impetus to its activities in alignment with Prime Minister’s call for reducing import by 10% by 2022 and North East Hydrocarbon Vision 2030.”