The Oil and Natural Gas Corporation (ONGC) is planning to dig 17 new wells at Chinapandraka, Bantumilli, Malleswaram and Nagayalanka in district Krishna, Andhra Pradesh in the next two to three years. Investment per well will be approximately Rs. 45 crore. Approximate total cost of the project is around Rs. 765 crore.
Extracted from The Hindu, Aug 19,’15