SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

HOEC commences first commercial gas sale from Dirok gas field in Assam

23 Nov 2017 Evaluate

Hindustan Oil Exploration Company (HOEC) has commenced the first commercial gas sale from Dirok gas field in Assam. HOEC, on behalf of its joint venture with Oil India and Indian Oil Corporation, is developing facilities at Dirok field that can handle 36 million standard cubic feet of gas per day and over 1,000 barrels of condensate per day.

The company, during its recent annual general meeting, had said the first gas sale from the field in Tinsukia district commenced from August 25, and that the project has been completed within 27 months on fast-track mode with due approval of appropriate authorities.

The company is planning to ramp up production to full capacity over the next six months. At full capacity, the Dirok field will contribute over 12 per cent of the total gas produced in Assam, which will help fulfil more than 50 per cent of the current gas shortage in the state.

Hind Oil Exploration Share Price

164.40 0.30 (0.18%)
08-May-2026 16:59 View Price Chart
Peers
Company Name CMP
ONGC 279.25
Oil India 454.40
Jindal Drilling&Inds 535.85
Deep Industries 457.70
Asian Energy Service 297.85
View more..

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×