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New Delhi, Jun 23 (PTI) ONGC Videsh Limited (OVL), a foreign arm of state-owned Oil and Natural Gas Corporation (ONGC), has discovered oil in a block in Colombia.

The discovery was made in the recently dug well ‘Euraka-1X’ in the CPO-5 block of the Llanos Basin in Colombia, the company said in a statement on Thursday.

According to ONGC Videsh, the Yuraka well was dug on April 20, 2022. It was dug to a depth of 10,956 feet after which 17 feet thick oil sand was found.

The company said that 600 barrels of oil were extracted daily from the field during the test.

By PK NEWS

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