{"id":603702,"date":"2023-09-15T09:46:13","date_gmt":"2023-09-15T04:16:13","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=603702"},"modified":"2023-09-15T10:15:31","modified_gmt":"2023-09-15T04:45:31","slug":"oil-india-targets-3-8-mn-tonnes-of-oil-production-in-fy24-cmd-ranjit-rath","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/oil-india-targets-3-8-mn-tonnes-of-oil-production-in-fy24-cmd-ranjit-rath\/","title":{"rendered":"Oil India targets 3.8 mn tonnes of oil production in FY24: CMD Ranjit Rath"},"content":{"rendered":"<p>The public sector energy producer Oil India (OIL) is expecting a series of new wells and gas fields to go into production in Assam and Rajasthan soon. This development will enable the company to achieve a crude oil production of 3.8 million tonnes (mt) in the current year, said Chairman and Managing Director (CMD) Ranjit Rath. This new target represents a 20 per cent increase over the 3.18 mt of oil produced in 2022-23 (FY23). <\/p>\n<p>Rath said at a media briefing that the company expects three gas fields under production enhancement contracts to go live. These fields include Lakwagaon-1, where higher production is expected from the Sesabil area (discovered in January),<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The public sector energy producer Oil India (OIL) is expecting a series of new wells and gas fields to go into production in Assam and Rajasthan soon. This development will enable the company to achieve a crude oil production of 3.8 million tonnes (mt) in the current year, said Chairman and Managing Director (CMD) Ranjit Rath. This new target represents a 20 per cent increase over the 3.18 mt of oil produced in 2022-23 (FY23). Rath said at a media briefing that the company expects three gas fields under production enhancement contracts to go live. These fields include Lakwagaon-1, where [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[135,130,169],"tags":[],"class_list":["post-603702","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-newspapers","category-oil-gas-business-standard-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/603702","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=603702"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/603702\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=603702"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=603702"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=603702"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}