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Ashoknagar Oil Field Extraction Revival

Sector: Natural Gas • Location: Kolkata, West Bengal, India

Source: NewsBytes

Project
Planned

Ashoknagar, a major oil field near Kolkata discovered by ONGC in 2018, holds about 240 million barrels of crude oil. Earlier extraction was paused due to local disputes, but renewed extraction plans are underway to reduce India's reliance on imported oil amid global fuel supply challenges. The project is part of PM Modi's Sonar Bangla vision for industrial growth in the region and aims to boost Be

Status
Prospective
Sector
Natural Gas, Oil and Gas, Government, Manufacturing (Industrial)
Location
Kolkata, West Bengal, India
Updated
22 Jul 2026
Source
NewsBytes

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The project “Ashoknagar Oil Field Extraction Revival” is an infrastructure initiative in the Natural Gas sector, located in Kolkata, West Bengal, India. Taiyo aggregates data on it from NewsBytes.

Participants

Not available for this record.

Status

Original status

planned

Taiyo status

Prospective

Taiyo last update

2026-07-22

Contact

Not available for this record.

Description

Description

Ashoknagar, a major oil field near Kolkata discovered by ONGC in 2018, holds about 240 million barrels of crude oil. Earlier extraction was paused due to local disputes, but renewed extraction plans are underway to reduce India's reliance on imported oil amid global fuel supply challenges. The project is part of PM Modi's Sonar Bangla vision for industrial growth in the region and aims to boost Bengal's economy.

Original sector

Energy

Location

Country

India

State

West Bengal

City

Kolkata

Source

Source

NewsBytes

URL

More Details

Record type

Project

Sector

Natural Gas, Oil and Gas, Government, Manufacturing (Industrial)

Article published date

2026-05-28

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