NEW DELHI : State-owned Oil and Natural Gas Corporation ( ONGC ) Krishna Godavari basin off the east coast of the 2017-18 production of oil and gas discoveries will invest $ 9 billion at the start .
ONGC Block KG - DWN Find -98-2 are 11 oil and gas . These RIL 's KG - D6 block and Gujarat State Petroleum Corporation are next to Deendayal gas field . The search area north block two areas ( NDA ) and the Southern search area ( SDA) is divided into . ONGC to start production by the NDA plans to invest $ 9 billion .
ONGC Director ( Exploration ), NK Verma said , "Our northern development area of 25 million to 30 million tons of oil and 90 million cubic meters of gas is intended to produce . He said that ONGC for oil exploration in the NDA Directorate General of Hydrocarbons ( DGH) announced professionalism ( DOC ) is assigned. Cairn is still close to 10 per cent stake in the block .
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