The block is located near Digboi in the northeastern state of Assam. Indian Oil has a 29.03% stake in the block along with Hindustan Oil Exploration Company (HOEC) and Oil India Ltd (OIL), which hold 26.88% and 44.08%, respectively. While HOEC is an operator, OIL is a licensee.
The first or the initial phase from the field is estimated to yield about 10 MMSCFD of Gas and 120-140 bopd of condensate from three wells namely Dirok-1, 2 & 4.
Production from the gas & condensate is being flowed through a 20km pipeline from the gas gathering station at Dirok 4 well site to OIL’s processing facility at Kusijan, which is 4km from Digboi.
In the first phase, gas produced from Dirok will be sold to OIL at government regulated price, which will be revised every six months. The present rate is $2.48/MMBTU and Indian Oil is the buyer of the condensate at a price equal to bench marked crude oil.
The consortium will ramp up production from the Dirok field, once the modular gas processing plant (MGPP) at Borpowai, located 10km south of Dighoi is completed. Dirok field has a potential of 35 MMSCFD gas with 800 bopd condensate production. This would the second stage of production from the Dirock field.
The consortium is claimed to have started an extensive market survey and an analysis to assess the affordability, the demand and supply, infrastructure availability to establish Arms Length Pricing for the Dirok Gas under the second phase. Condensate will be sold to IndianOil and will be delivered to its Digboi Refinery.
By adding Dirok production, IOC now claims to hold a portfolio of six producing assets which include five overseas and one domestic, from a total of 17 active exploration and production (E&P) assets.
Image: IOC starts production at domestic gas & condensate in Assam. Photo: Courtesy of Indian Oil Corporation Ltd.
