The ONGC is really optimistic of finding hydrocarbon deposits in the locations as the drilling was assumed after 7 years of proper investigation with state of the art technology and equipment.
An ONGC spokesman told IANS “After two decades, the ONGC has recently started exploration of gas at Meidum village in Kolasib district in north-western Mizoram.”
He also added that “The exploratory well, around 130 km north of Aizawl, is in close proximity to known hydrocarbon provinces. The prospective locations comprise of over 4,000 square km in north-western part of the state.”
According to an official document of the Mizoram geology and mining resources department, the northeastern state, bordering Myanmar and Bangladesh, falls under the category No.1 or proven commercial productivity zone.
According to rough estimates, there could be about 170 million metric tonnes of untapped crude reserves.