Performance Driver

Oil India is engaged in the business of exploration, development and production of crude oil and natural gas, transportation of crude oil and production of LPG. The company is also into installation and maintenance of oil and gas pipelines. OIL has also diversified into the midstream and downstream sector of the hydrocarbon industry. The company also provides laboratory services including testing of natural gas, formation water, effluent water, crude oil, side wall core, bottom hole sampling and PVT analysis. Currently, the company is the second largest hydrocarbon exploration and production (E&P) company of the country and produces over 3.6 MMTPA (million tonne per annum) of crude oil, over seven MMSCMD of natural gas and over 50,000 tonne of LPG annually. Strengths Oil India has a domestic acreage spread over 88,927 sq km in over 62 oil and gas blocks. Most of its assets are based in the

This article was originally published on March 18, 2014.