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

“I wrote ‘Survival at Stake’ to provide food for thought about solutions”

Survival at Stake: How Our Treatment of Animals Is Key to Human Existence By Poorva Joshipura HarperCollins, 328 pages, Rs 499 With science now recognising animal consciousness, intelligence, emotion, and even morality, there must rise an awareness of

‘Bon Voyage’ through the Arctic: Exploring new horizons for India

India`s tryst with trade through the Arctic regions, including the Northern Sea Routes (NSR), has become an impact-making endeavor recently. The Arctic of yore is now a pivot – point of geopolitics, of climate change discussions, and for economic opportunities; 40% of oil and gas reserves said to be

Demystifying Contemporary Finance Theory and other lessons in investment

Investing Decoded: Simple Path To Building A Portfolio In Millions By Anirudh Rathore Penguin India, 320 pages, Rs 499

Deepfake: India to prepare four-point action plan

Deepfake has emerged as a serious threat to democracy and social institutions across the world. Propagation of deepfake content via social media platforms has aggravated this challenge. Ministry of Electronics and Information Technology (MeitY) has, from time to time, advised social media in

Mumbai traffic: Let’s use some simple math

Two level of roads not enough, BMC to have triple traffic jams through underground junctions There is no shortage of short-sighted traffic experts who believe that creating more vertical space (either above or below the level) in already overcrowded and congested cities will be cou

Seizures worth Rs. 1,760 crore reported in five poll-bound states

The Election Commission of India’s persistent efforts have led to a significant and exponential increase in seizures in the five poll-going states of Mizoram, Madhya Pradesh, Chhattisgarh, Rajasthan and Telangana. Seizures over Rs 1,760 crore have been reported in these five states since the announce

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