Oil India Limited announces final abandonment of Baghjan oil well

GUWAHATI: Oil India Limited NSE 0.58 % (OIL) announced final abandonment of the well in Baghjan in Tinsukia district which witnessed blowout, the Emergency Declaration has been withdrawn with immediate effect.

Consequent upon uncontrolled flow of Natural Gas and Blowout at Baghjan well No 5 on 27th May, 2020, OIL declared Emergency Situation for its internal control purposes.