ONGC hits pot of gold in Golaghat

The Oil and Natural Gas Corporation has claimed to have discovered a new oil well in the in Golaghat district. The oil giant said that the new well has been spotted in Chalukpather area in the district bordering Nagaland. Public sector energy giant ONGC has started drilling oil along the inter-state border between Assam and Nagaland in both Jorhat and Golaghat districts.

ONGC officials said that the Navaratna company would be paying royalty to Assam for its work along the border. The oil major has 42 oil wells in both Jorhat and Golaghat district which fall under the Jorhat sector of the company. According to ONGC, operations in Upper Assam have resulted in significant development of the region's economy.