Oil India reports presence of natural gas in Andaman shallow offshore block

Oil India Ltd. | Oil Exploration | Oil & Gas | BSE: 533106 | NSE: OIL

05 Jun 2026 Evaluate

Oil India has reported presence of natural gas in its 3rd exploratory well Vijayapuram-3 (Loc. OAEB), drilled 15 km off the east coast of the Andaman Islands at a water depth of 355 meters in the Offshore Andaman Block AN-OSHP-2018/1 under the Open Acreage Licensing Policy (OALP). The company now establishes presence of hydrocarbon in 2 wells out of 3 exploratory wells drilled so far. Occurrence of natural gas was reported in 2nd exploratory well Vijayapuram-2 (Loc. OAEA) on September 26, 2025.

Initial production testing of the well at the depth of 1900 plus meters in the Eocene formation has established the presence of natural gas through continuous flaring. Post perforation, immediate pressure build up was observed and well started to produce. Further gas sampling is being undertaken to assess the composition & calorific value of gas and to carry out isotope studies to understand the genesis of the gas. As per preliminary assessment, this is a leading indicator of presence of source or migration pathway or accumulation of hydrocarbon in current prospect, which will help in strategizing future exploratory program.

After reporting occurrence of gas in 2nd exploratory well Vijayapuram-2 (Loc. OAEA) on September 26, 2025, the company has already started the appraisal program. Reprocessing of available 2D seismic data and acquisition of additional 600 Sq.Km of 3D seismic data is already completed and processing of acquired and vintage 3D seismic data is ongoing. Post processing and interpretation of the seismic data, the appraisal Well (s) drilling is planned to be undertaken. This is the second reported presence of hydrocarbon during the ongoing exploration campaign in Andaman Shallow Offshore Block.

Oil India is engaged in exploration, development and production of crude oil, natural gas, LPG and condensate and providing services such as pipeline transportation and generation of renewable energy.

Oil India Share Price

483.25 -5.25 (-1.07%)

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Company Name	CMP
ONGC	264.65
Oil India	483.25
Jindal Drilling&Inds	632.30
Deep Industries	532.80
Asian Energy Service	381.05
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