Oil India Limited is the second largest hydrocarbon exploration and production Indian public sector company. It discovered second hydrocarbons in the on land KG Basin NELP VI Block KG-ONN-2004/1. The first high pressure-high temperature (HPHT) well was built at Thanelanka-1 by OIL.
On testing, the HP-HT zone in the depth range 4,912 – 5,159m in Gollapalli Formation produced gas at 300 scmd through 16/64” bean choke. In 2017-2018, OIL India produced 3.3- metric million tonnes (MMT) of crude oil and 2.93 billion cubic meters (BCM) of gas.
Note:
- Headquarters of OIL: Noida
- Revenue: 12,028 crores INR (US$1.8 billion)
- Owner of OIL: Government of India (67.64%)
- Subsidiaries of OIL: Oil India Sweden Ab, Oil India International Pte. Ltd etc…
