Oil India Limited informed the exchanges Tuesday that due to stoppage and blockades of several producing wells, there was production loss of 652 MT of crude oil and 1.53 MMSCM of natural gas as reported on August 2, 2020. Cumulative production loss since May 27, 2020, due to bandhs and blockades: 20808 MT Crude Oil, 49.47 MMSCM of natural gas.
Production still continues to be affected due to forceful closure of few Oil and Gas wells connected to Baghjan EPS. Drilling and workover operation still continues to be affected due to forceful closure of operation at few of the locations.
“Various jobs are being carried out for resumption of well capping and killing operation at the earliest. Treatment of well killing fluid is under way. All six numbers of High Discharge CMT Water Pumps are operational at site for spraying water to the well head during the operation. Total eight water pumps are available for filling both the water reservoirs periodically,” the company said.
Survey for assessment of damage for compensation in both Doomdooma and Tinsukia Circle is in progress. Total number of families surveyed till August 2, 2020, both combined in Doomdooma and Tinsukia Circle is 2736.
Recording of data at already installed analysers and sample collection for monitoring of air quality and noise level by TERI are in progress. Application of bio material in the affected areas from Plastic Park side to Baghjan blowout well is in progress. Clearing of site prior to bio remediation in wetland areas and site preparations for ex/in-situ bio remediation job in affected areas are also in progress.
Oil India Ltd is currently trading at Rs94.55, down by Rs0.3 or 0.32% from its previous closing of Rs94.85 on the BSE.
