A K Hazarika, director (onshore) said: “We have started examining our oil wells log data. During one such examination, we found uranium in the Borholla well. Already, we have inked an MoU with Uranium Corporation of India (UCIL) and are carrying out a joint study. We are going through the log data of several abandoned wells to trace Uranium.”
Hazarika said: “In Kasomarigaon we have found a new oil well. It is producing 70 cubic metres of oil per day.”
He further said: “I am going to Nazira in Upper Assam on Thursday to have a meeting with my team and talk on the development of the new well. For refurbishing our facilities, we have come up with an investment plan. The project aims at re-engineering and revamping surface facilities, which are more than 30-40 years old. Under this we are investing around Rs 2,376 crore. Orders have been placed and ground work will start soon.”