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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.

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By PK NEWS

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