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.
 

Comments

 

Other News

Kerala’s Industrial and Commercial Policy: A case for collaboration, consultation

In 2014, the Ministry of Law and Justice published India’s ‘Pre-Legislative Consultation Policy’ or PLCP, a landmark policy that outlined a process and recommendations for lawmaking, through the incorporation of public participation and opinion. In 2024, we mark a decade of this policy, w

Elections 2024: Why Mumbai and Maharashtra verdict is crucial

In the ongoing Lok Sabha elections, Maharashtra with 48 Lok Sabha seats is of crucial importance for the final outcome. In the 2019 election, the Shiv Sena-BJP alliance won 42 seats including six seats in Mumbai, as well as one each in Thane, Kalyan, Bhiwandi, and Palghar, which fall in the Mumbai Metropol

Jammu-Kashmir makes indelible mark on electoral history

In a massive stride for India’s electoral polity, Jammu and Kashmir has registered its highest poll participation in the last 35 years in the General Elections of 2024. The Combined Voter Turnout (VTR) at the polling stations for the entire union territory, which has 5 Lok Sabha seats

New study tracks heat wave; exposes dangerous trends in big cities

An unprecedented heat wave has been enveloping Indian cities, worsening the urban heat island effect, this summer. A new analysis by Centre for Science and Environment (CSE) says there are far deeper and longer term evidences on the nature of this changing trend that is impacting the biggest cities of the

Phase 6: Voter turnout 59.06% at 7:45 PM

Polling in the sixth phase of General Elections 2024 which commenced across 58 PCs recorded an approximate voter turnout of 59.06% as of 7:45 pm Saturday. In spite of hot weather in certain parts of the country, voters were undeterred in their enthusiasm as they were seen queuing up patient

Banks not adhering to RBI guidelines, finds study

Banks across India are levying inconsistent service charges on basic savings accounts. A study, “Benchmarking Reasonableness of Service Charges by Banks in India”, uncovers and exposes inconsistencies in adherence to RBI mandates by banks. It finds some banks impose charges exceeding reasonable

Visionary Talk: Amitabh Gupta, Pune Police Commissioner with Kailashnath Adhikari, MD, Governance Now


Archives

Current Issue

Opinion

Facebook Twitter Google Plus Linkedin Subscribe Newsletter

Twitter