Oil India attempts to improve fate with black gold

Oil India has failed to find oil in Rajasthan for years and now it is dreaming to make its fate with black gold in the sand dunes. After twenty-six years, it will again try to extract oil with the help of German technology in Jaisalmer’s Baghewala oil field. Oil India has got the permission from government to extract oil with the new technology. This time the company is planning to start commercial production.

Six years ago, the company had tried to melt oil in the well with steam technology with the help of experts from Venezuela, but this technique proved ineffective. Oil India has claimed to have heavy oil in two wells but it has not been duly exploited. On the other hand, the same type of oil was found in the Barmer basin and experts from Cairn have been producing two million barrels of oil every day with steam technology for the last seven years. After the seismic survey near Jaisalmer border in 1991, oil India in Rajasthan started drilling oil wells to explore oil in Tanot and Baghevala. There were indications that thick oil was present in two wells in Baghevala. Though oil was found after deep …read more