IOCL’s first domestic gas and condensate field starts production -Governance Now

IOCL’s first domestic gas and condensate field starts production

IndianOil holds 29.03 percent participating interest in the block, located near Digboi in Assam

GN Bureau | September 4, 2017

#PSU #IndiaOil #Assam #Hindustan Oil Exploration #Oil India Limited

IndianOil Corporation has started production of gas and condensate from Dirok field from August 26, marking advent of its first domestic exploration asset maturing from exploration stage to a producing asset.

The energy giant holds 29.03 percent participating interest in the block, located near Digboi in Assam, along with Hindustan Oil Exploration Company (operator) and Oil India Limited (licensee).

The initial production from the field, termed phase-I, is estimated at around 10 MMSCFD (million standard cubic feet per day) of gas and 120-140 BOPD (barrels of oil per day) of condensate from three wells. The present production of gas and condensate flows through a 20 km pipeline from the Gas Gathering Station (GGS) at Dirok-4 well site, to Oil India Limited's Processing facility at Kusijan, four kms from Digboi.

After commissioning of a modular gas processing plant (MGPP) at Borpowai and completion of pipeline from GGS in Dirok to MGPP in Borpowai, the consortium would be ready to ramp up the production from the Dirok field to its full potential of 35 MMSCFD gas and 800 BOPD condensate production. This would be the phase-II stage of production from Dirok field.

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