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HomeNewsOIL widens its exploration network in Northeast

OIL widens its exploration network in Northeast

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By Sujit Chakraborty Guwahati/Agartala, Jan 31 : After Assam, Arunachal Pradesh and Mizoram, the state-owned Oil India Limited (OIL) has ventured out to the fourth northeastern state of Tripura, aspiring to explore natural gas by conducting a seismic survey.
OIL, India’s second largest national ‘Navratna’ company after ONGC, in terms of total proved plus probable oil and natural gas reserves, has kickstarted its exploration and production operations by launching its first ever seismic survey in southern Tripura bordering Bangladesh.
OIL Deputy General Manager (CC) Tridiv Hazarika said that currently the company has explored huge oil and gas reserves in Assam and Arunachal Pradesh while engaged in exploration works in Mizoram.
According to him, in Assam, OIL produces 3.3 million metric tons (MMT) oil annually and around eight million metric standard cubic meters per day of natural gas.
OIL is producing both oil and natural gas in Arunachal Pradesh while the company is doing exploration work but is yet to discover oil or gas in Mizoram.
“With another milestone for the company, we have commenced seismic survey operations in Santir Bazar (in southern Tripura) — the OALP-III block AA-ONHP – on January 17.

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