New gas potential discovered in Rajasthan field, Oil India says
This story was originally published at 20:14 IST on 22 May 2026
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NEW DELHI – Oil India Ltd. Friday said it has discovered potential for natural gas at its Dandewala field in Rajasthan. "The well recorded inflow of avg. 25000 SCMD (standard cubic metres per day) of Natural Gas from a depth of (about) 950 meters plus, indicating encouraging deliverability and potential," the company said in an exchange filing. The company has discovered gas for the first time in the shallower Sanu Formation in the Dandewala field.
As per preliminary estimates based on petrophysical and subsurface analysis, there is 75 million standard cubic metres of "gas in place", or gas trapped inside the reservoir. Only a fraction of this "gas in place" can be extracted and brought to the surface. "This development notably enhances the overall prospectivity of the Dandewala field and augurs well for future appraisal and development efforts for guiding and scaling up the resource potential and production in the field," the company said.
For the March quarter, Oil India reported a net profit of INR 17.90 billion on revenues of INR 59.61 billion. Friday, its shares closed at INR 499.75, down 0.7% from Thursday. End
Reported by Anand JC
Edited by Rajeev Pai
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