Oil India (OIL) has received the commerciality of a significant oil find in Rajasthan by the upstream regulator Directorate General of Hydrocarbons (DGH). OIL had struck crude oil in the block RJ-ONN-2004/2 last year.
The DGH after going through results of test done to establish the discovery, confirmed that the find was commercially viable and issued Declaration of Commerciality (DoC). The discovery can produce a peak of 30,000 barrels per day.
OIL has named the discovery in the Rajasthan block as Punam-1. Block RJ-ONN-2004/2 lies in close vicinity of Cairn India's prolific Rajasthan oil block.
