ONGCNSEOil & Natural Gas Corporation Limited· Oil Exploration/ProductionHighPositive
Announced Mon, 25 Aug · 18:34 IST

Oil & Natural Gas Corporation Limited has informed the Exchange regarding a press release dated August 25, 2025, titled "ONGC Commences Monetisation of Much-Awaited Chinnewala Tibba Gas in RKOEA".

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

ONGC has started selling natural gas from its Chinnewala Tibba block in the Rajasthan Kutch Onland Exploratory Asset (RKOEA) as of August 25, 2025. The block, covering 73 sq. km in Western Rajasthan, was awarded under the Discovered Small Field (DSF-II) round. Gas production has commenced at 1.0 lakh standard cubic metres per day (LSCMD). The gas is being supplied to Rajasthan Rajya Vidyut Utpadan Nigam Limited (RRVUNL) for power generation, with evacuation handled through ONGC's Gamnewala Gas Collection Station. The project was executed in coordination with DGH, GAIL, Oil India Limited, and RRVUNL.

Likely market impact

This is a positive operational milestone for ONGC, adding a small new source of domestic gas revenue and supporting India's energy security goals. However, given the modest initial volume (1 LSCMD or 0.1 MMSCMD), the direct financial impact on ONGC's overall earnings is likely limited in the near term.