Oil India Limited makes 2 Hydrocarbon Discoveries in Dibrugarh & Tinsukia, Assam

Deepthi | Myequity news | Date : 10-10-2018 20:00:00 IST

Oil India Limited (OIL), through its exploratory efforts has made 2 (two) Hydrocarbon Discoveries in Dibrugarh & Tinsukia district in the Upper Assam Basin during the second quarter (Q2) of the financial year 2018-19, in the wells West Lohali -1 and Dhakuwal-l respectively.

The well West Lohali-1 encountered one sand in Barail formation of Oligocene age. On testing, a 13 m Barail sand at a depth of2357 m, produced gas at the rate of 1,15,000 scmd.

The well Dhakuwal-l encountered two zones in LK+TH formation of Eocene age. On testing, a 15 m LK+TH sand at a depth of 3875 m, produced gas at the rate of 1,00,000 scmd with 22 m3/d condensate.These discoveries are envisaged to open up new areas for further exploration in Assam and would help in enhancing the gas production with future appraisal & development activities.

About Oil India Limited:

Oil India Limited (OIL) is the second largest hydrocarbon exploration and production Indian public sector company with its operational headquarters in Duliajan, Assam, India. The company is a state-owned Navratna under the administrative control of India's Ministry of Petroleum and Natural Gas with its corporate offices in Noida in the New Delhi-NCR region.

More from Myequity