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BRIEF-Hindustan Oil Exploration commissions pipeline, gas gathering station at Dirok Gas Field
March 31, 2017 / 3:13 AM / 9 months ago

BRIEF-Hindustan Oil Exploration commissions pipeline, gas gathering station at Dirok Gas Field

March 31 (Reuters) - Hindustan Oil Exploration Company Ltd :

* Announces successful completion of four wells, commissioning of pipeline, gas gathering station

* Dirok Gas Field in Assam is being developed by JV consisting of Oil India, Indian Oil, and co as operator

* Oil India will buy gas at a price determined by Government of India

* Oil India is in process of obtaining petroleum mining lease from Assam government

* Confident to step up gas production to block potential via additional gas wells during FY 2018

* Aim of commencing production of 10 million cubic feet per day in Q1 fy18 will be achieved on receipt of PML

* As soon as PML is obtained by Oil India, expected by may 2017, actualisation of commercial sales would be achieved Source text: (bit.ly/2mUgmhY) Further company coverage:

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