With technical expertise from BP, four wells will be drilled in deepsea sedimentary basins. The government will compensate ONGC and OIL for drilling costs, deciding on monetizing any discoveries. With technical expertise from BP, four wells will be drilled in deepsea sedimentary basins. The government will compensate ONGC and OIL for drilling costs, deciding on monetizing any discoveries. Post navigation Full ECI bench likely to visit poll-bound Bihar next week ‘Irresponsible’: Supreme Court calls out pilot’s ‘fuel shut-off’ indication in Air India crash