Republic Day was celebrated at the Oil and Natural Gas Commission (ONGC), Cauvery Asset campus near here on Monday.
S.C. Singh, its Executive Director-Asset Manager, unfurled the tri-colour, and said the ONGC has been sparing no efforts to achieve the target in the areas of oil and gas production.
In drilling front, the Cauvery Asset has performed well and drilled eight against the target of nine exploratory wells.
As for development wells, the Cauvery Asset had drilled five against the target of eight. Two more are being drilled.
Mr. Singh said that GCS Kuthalam of the Cauvery Asset has been selected for an excellence award for 2014 under the category of ‘best onshore installation for 2013-14.’
It has been selected for the annual Green Tech Environment Award for 2013 in gold category in petroleum sector.
The awards would be given away shortly at Dehradun and Kolkatta.
The Cauvery Asset has spent Rs. 2 crore under its corporate social responsibility during the financial year. It included Rs. 55 lakh for the Thamaraikulam project in Nagapattinam and Rs. 20 lakh for purchase of dialysis and Doppler equipment for the Government Hospital in Karaikal.