Oil India has incurred loss of Rs 148 crore in revenue in 100 days from the closure of oil and gas wells in the vicinity of the Baghjan fire in Assam. The blowout at a gas well resulted in the closure of a number of producing oil and gas wells in and around Baghjan in Tinsukia district due to protests by locals. The well was producing 80,000 standard cubic meters per day (SCMD) of gas from a depth of 3,870 meters before the blowout in May.
Oil India, a Navratna Company, is Asia's oldest and biggest pioneer oil exploration and Production Company.
