OIL makes two hydrocarbon discoveries in Assam basin
Oil India Limited (OIL), India's second largest National Exploration & Production Company, through its exploratory efforts has made two Hydrocarbon Discoveries in the Moran Petroleum Mining Lease (PML) in the Upper Assam Basin in the month of April 2017 in the wells Borbhuibil-1and Lakwagaon-1.
The well Borbhuibil-1 encountered multiple sands in Barail and Lakadong+Therria formations. On testing, a 15m Barail sand at a depth of 3322m produced oil at the rate of 28 m3/d.
A 10m Lakadong+Therria sand at a depth of 4300m produced oil at the rate of 100 m3/d. The feasibility of bringing the discovery on production at the earliest is under study.