State-run Oil and Natural Gas Corporation (ONGC) announced on Monday the start of gas monetisation from its Daman Upside Development Project (DUDP) in the Arabian Sea, marking a key milestone in its offshore operations.
“It is hereby informed that, the DUDP in the western offshore, located about 180 Kms north west of Mumbai and about 80 Kms south of Pipavav, Gujarat, with capex of about $1 billion has achieved a significant milestone on March 29, 2026 by monetisation through flowing gas from Platform B-12-24P,” ONGC said in a filing on BSE.
This platform has been successfully commissioned and gas sent to Hazira Plant. The Project has been executed in less than two years from the date of award. This has been achieved through strong project execution, innovative use of the Drill-Deck and strong performance by drilling and Production teams. It added.
This milestone marks the commencement of gas monetisation from the DUDP Project. Production from all wells will be ramped up in a phased manner, ONGC said.
With Open Acreage Licensing Policy (OALP) Round-X and Round-XI together offering over 2.6 lakh sq km for exploration, the policy framework continues to expand opportunities in the upstream sector, ONGC said in a statement.
Welcoming the development, Oil Minister H S Puri said on X “A new chapter in India’s energy journey begins. With OALP Round-XI now live, we unlock vast frontiers beneath our land and seas—powering growth, resilience, and self-reliance.”
Under OALP Round-X (around 25 blocks; about 182,589 sq km) and Round-XI (roughly 80,228 sq km) are now on offer, together unlocking around 262,817 sq km for exploration, he added.
“This is a decisive step aligned with the vision of Hon’ble Prime Minister Sh @narendramodi Ji under #SamudraManthan: fast-tracking bidding, expanding acreage, and strengthening India’s energy security. The quest to discover India’s hidden energy wealth continues,” the Minister noted.