{"id":279635,"date":"2024-01-25T15:00:47","date_gmt":"2024-01-25T09:30:47","guid":{"rendered":"https:\/\/forumias.com\/blog\/?p=279635"},"modified":"2024-01-25T15:00:47","modified_gmt":"2024-01-25T09:30:47","slug":"wadge-bank-threatened-by-hydrocarbon-exploration","status":"publish","type":"post","link":"https:\/\/forumias.com\/blog\/wadge-bank-threatened-by-hydrocarbon-exploration\/","title":{"rendered":"Wadge Bank Threatened by Hydrocarbon Exploration"},"content":{"rendered":"<p><strong>Source<\/strong>-This post is based on the article &#8220;<strong>Wadge Bank facing threat from hydrocarbon exploration<\/strong>&#8221; published in &#8220;<strong>Deccan Chronicle<\/strong>&#8221; on 20th Janauary 2024.<\/p>\n<h2>Why in the News?<\/h2>\n<p>Wadge Bank faces a potential threat as the Indian government considers offering three oil and gas blocks for exploration and development. The blocks designated for exploration coincide with the Wadge Bank.<\/p>\n<h2>About Wadge Bank<\/h2>\n<figure id=\"attachment_279652\" aria-describedby=\"caption-attachment-279652\" style=\"width: 510px\" class=\"wp-caption alignnone\"><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" class=\"wp-image-279652 size-full\" src=\"https:\/\/i0.wp.com\/forumias.com\/blog\/wp-content\/uploads\/2024\/01\/Wadge-Bank-1.png?resize=510%2C387&#038;ssl=1\" alt=\"Wadge bank\" width=\"510\" height=\"387\" srcset=\"https:\/\/i0.wp.com\/forumias.com\/blog\/wp-content\/uploads\/2024\/01\/Wadge-Bank-1.png?w=510&amp;ssl=1 510w, https:\/\/i0.wp.com\/forumias.com\/blog\/wp-content\/uploads\/2024\/01\/Wadge-Bank-1.png?resize=300%2C228&amp;ssl=1 300w\" sizes=\"auto, (max-width: 510px) 100vw, 510px\" \/><figcaption id=\"caption-attachment-279652\" class=\"wp-caption-text\">Source- Pinterest<\/figcaption><\/figure>\n<table style=\"width: 100%; border-collapse: collapse; border-style: solid;\">\n<tbody>\n<tr>\n<td style=\"width: 30.8485%;\"><strong>Aspect<\/strong><\/td>\n<td style=\"width: 69.1515%;\"><strong>Details<\/strong><\/td>\n<\/tr>\n<tr>\n<td style=\"width: 30.8485%;\"><strong>Location<\/strong><\/td>\n<td style=\"width: 69.1515%;\">It is a 10,000 square kilometers area, located approximately 50 kilometers <span style=\"color: #ff0000;\">south of Kanyakumari<\/span>.<\/td>\n<\/tr>\n<tr>\n<td style=\"width: 30.8485%;\"><strong>Features<\/strong><\/td>\n<td style=\"width: 69.1515%;\">It features <span style=\"color: #ff0000;\">shallow waters, a nearly flat bottom topography, and a continental shelf.<\/span><\/td>\n<\/tr>\n<tr>\n<td style=\"width: 30.8485%;\"><strong>Significance<\/strong><\/td>\n<td style=\"width: 69.1515%;\">1. This area is rich in biodiversity and is considered <span style=\"color: #ff0000;\">India\u2019s most valuable fishery resource.<\/span><br \/>\n2. The low intensity of currents, waves, and tides makes it an ideal location for the accumulation of nutrients and fish food.<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<h2>What are Hydrocarbons and what government initiatives are in place for hydrocarbon exploration in India?<\/h2>\n<p>1) Hydrocarbons are <span style=\"color: #ff0000;\">organic compounds<\/span> made up of hydrogen and carbon atoms.<\/p>\n<p>2) They are the <span style=\"color: #ff0000;\">fundamental constituents of fossil fuels, including coal, natural gas, and petroleum.<\/span><\/p>\n<p>3)\u00a0 <span style=\"color: #ff0000;\">Hydrocarbon exploration<\/span> refers to the process of searching for and identifying potential sources of hydrocarbons, such as oil and natural gas, <span style=\"color: #ff0000;\">beneath the Earth&#8217;s surface<\/span>.<\/p>\n<p>4) <strong>Government Initiatives: <\/strong><\/p>\n<p>a. Hydrocarbon Exploration and Licensing Policy (<span style=\"color: #ff0000;\">HELP<\/span>) was adopted in 2016.<br \/>\nb.<strong> Objective<\/strong>&#8211; To enhance domestic oil and gas production by intensifying exploration activity and investment.<\/p>\n<table style=\"width: 100%; border-collapse: collapse; border-style: solid;\">\n<tbody>\n<tr>\n<td style=\"width: 100%;\">For more information on initiatives for hydrocarbon exploration <a href=\"https:\/\/forumias.com\/blog\/govt-offers-8-blocks-for-production-of-hydrocarbons-under-olap-bid\/#gsc.tab=0\" target=\"_blank\" rel=\"noopener\">Click here to read<\/a><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p><strong>UPSC Syllabus- Geography and Places in News\/Science &amp; Technology<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Source-This post is based on the article &#8220;Wadge Bank facing threat from hydrocarbon exploration&#8221; published in &#8220;Deccan Chronicle&#8221; on 20th Janauary 2024. Why in the News? Wadge Bank faces a potential threat as the Indian government considers offering three oil and gas blocks for exploration and development. The blocks designated for exploration coincide with the&hellip; <a class=\"more-link\" href=\"https:\/\/forumias.com\/blog\/wadge-bank-threatened-by-hydrocarbon-exploration\/\">Continue reading <span class=\"screen-reader-text\">Wadge Bank Threatened by Hydrocarbon Exploration<\/span><\/a><\/p>\n","protected":false},"author":10367,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":""},"categories":[1566,1738,11209,11211],"tags":[11872],"class_list":["post-279635","post","type-post","status-publish","format-standard","hentry","category-daily-factly-articles","category-science-and-technology-daily-factly-articles","category-geography-in-news","category-places-in-news","tag-9pm-daily-factly","entry"],"jetpack_featured_media_url":"","views":"","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts\/279635","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/users\/10367"}],"replies":[{"embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/comments?post=279635"}],"version-history":[{"count":0,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts\/279635\/revisions"}],"wp:attachment":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/media?parent=279635"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/categories?post=279635"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/tags?post=279635"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}