Oil and Natural Gas Corporation (ONGC) has announced an investment of Rs 8,110 crore for developing 172 onshore wells in Andhra Pradesh’s Krishna-Godavari basin and nearby regions.

The program aims to enhance domestic oil and gas output and reduce import dependence. The investment includes drilling, field development, and associated infrastructure such as pipelines and processing facilities.

This large-scale project reflects ONGC’s renewed focus on production ramp-up from mature and marginal fields. The new wells are expected to add significantly to India’s overall hydrocarbon output over the next few years, supporting national energy security.