Deep industries Limited has successfully resolved a gas leak incident at Well Mori #5 in Andhra Pradesh, with the company confirming that the situation is now under complete control. The oil and gas field services company informed stock exchanges on January 10, 2026, that the gas leakage has been fully contained and successfully stopped.

Incident Details and Resolution

The gas leak occurred during workover operations at Well Mori #5, where the company was operating under ONGC's production enhancement activities. The initial incident was reported on January 05, 2026, and the company has now provided an update confirming the successful containment of the leak.

Safety and Control Measures

The company emphasized that the situation at Well Mori #5 is now in total control. Importantly, no injuries or loss of life have been reported throughout the incident and its resolution. This outcome demonstrates the effectiveness of the company's safety protocols and emergency response procedures during critical operational situations.

Regulatory Compliance

DEEP Industries filed the disclosure with both BSE Limited (Scrip Code: 543288) and National Stock Exchange of India Limited (Symbol: DEEPINDS) pursuant to Regulation 30 of SEBI LODR Regulations, 2015. The communication was signed by Company Secretary and Compliance Officer Shilpa Sharma on January 10, 2026.

Company Operations

The incident occurred during production enhancement activities being conducted for ONGC, highlighting DEEP Industries' role as a service provider in oil and gas field operations. The company specializes in oil and gas field services and maintains various international certifications including ISO 9001, ISO 14001, and BS OHSAS 18001 for quality management and safety standards.

Deep Industries Limited has reported a gas leak incident at Well Mori #5 in Andhra Pradesh during workover operations conducted under ONGC's production enhancement activities. The company made this disclosure pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Incident Details

The gas leak occurred immediately after re-perforating operations when the well kicked and uncontrolled flow was observed. According to the company's disclosure, the reservoir had been tested earlier and all safety measures were implemented prior to carrying out the re-perforations.

Response and Safety Measures

The company emphasized that no injury or loss of life has been reported from the incident. Immediate safety protocols have been activated, with the area around the well being secured. Cooling operations have commenced as part of the emergency response procedures.

Senior teams from both Deep Industries Limited and ONGC are currently on-site working to control the well situation. The collaborative effort between the two organizations demonstrates the coordinated response to manage the incident effectively.

Regulatory Compliance

The disclosure was made in compliance with regulatory requirements under SEBI (LODR) Regulations, 2015. Company Secretary and Compliance Officer Shilpa Sharma signed the official communication to both BSE Limited and National Stock Exchange of India Limited, ensuring transparency with stakeholders and regulatory authorities.

The incident highlights the operational risks associated with oil and gas exploration activities, though the company's immediate response and safety measures appear to have prevented any casualties or major escalation of the situation.