Hindustan Oil Exploration Company Limited (HOEC) announced during its annual general body meeting (AGM) held recently that the commencement of first gas sales from Dirok Field in Tinsukia district of Assam, from August 25 marks a major milestone. Phase 1 of the project has been completed safely, within 27 months on a fast-track mode, with due approval of all appropriate authorities.
Planning for success, HOEC on behalf of its joint venture consisting Oil India and Indian Oil Corporation is developing facilities at Dirok field that can handle 36 million standard cubic feet of gas per day (equivalent to 1 million standard cubic meters per day) and over 1000 barrels of condensate per day. This nearly doubles the initial estimated production volume of 20 mmscfd indicated in the approved field development plan. HOEC plans to ramp up the production to full capacity over the next six months.
At full capacity, Dirok Field will contribute over 12% of the total gas produced in Assam. This will help to fulfil over 50 % of the current gas shortage in Assam.
Chairman HOEC Sunil Mathur in his statement said, “Ultimately, we will all derive greatest satisfaction, when our business activities result in overall development and transformation of all the stakeholders, particularly the local community. Gas that is flowing from Dirok field has just begun to do that.”
Ministry of petroleum and natural gas is on a mission to increase the share of gas in the energy basket of India and has launched several initiatives to broaden and deepen the use of gas across sectors.
By launching Hydrocarbon Vision 2030 especially for North East India, both the Union government and the Assam government have laid out a road map to attract investments across upstream, midstream and down-stream sectors of petroleum industry.
Managing director at HOEC, P Elango said, “These two policies focus areas of the government offer enormous opportunities and HOEC is privileged to be playing a small part in increasing the domestic oil and gas production and contributing to the fulfilment of Hydrocarbon Vision 2030 for North East India”.