The Core Report BONUS: India’s Next Big Oil Discovery? Ranjit Rath on Energy, Gas & Exploration
This week, on our Energy Special series as part of the India Energy Week 2025 (Feb 11-14), financial journalist Govindraj Ethiraj talks to Ranjit Rath, Chairman and Managing Director at Oil India Limited (OIL). They discuss OIL's current exploration efforts at the Brahmaputra, changes they have made to their strategy of discovery, Natural Gas wells in Assam, the huge potential for Compressed bio gas and much more. Tune in to get insight's into how OIL is forging their path to oil discovery .
(00:00) Introduction
(01:41) Sustained Exploration in North and South Bank of Brahmaputra
(04:27) The History of Digboi
(06:40) How the government catalysed exploration at the Brahmaputra
(08:00) OIL’s presence across India
(09:20) Technical changes in the process and strategy of exploration
(12:16) Drilling Rigs
(14:28) The risks and rewards of exploration
(15:39) Natural Gas Wells in Assam
(17:40) Distribution of Natural Gas
(19:52) Rejuvenation of existing wells
(22:30) Oil and Gas Scenario in India
(24:02) Future plans for Oil India Limited
(25:22) Compressed Bio Gas
(27:23) Geothermal Energy
(29:30) The potential for deep and Ultra-deep waters
(33:00) Collaborations
(34:00) Data Analysis
(35:16) Collaborating with Startups
(36:46) What inspires younger people to join this field
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