The legacy of Oil exploration in India started in the dense forests of the North-Eastern region of the country. While railway tracks were being laid by the Assam Railway & Trading Company Limited in the 1800’s, a herd of logging elephants came back after a night-time excursion, with their feet unmistakably covered in oil. This marked the beginning of India’s oil and gas chapter.
From a glorious past to a flourishing future; The Oil and Gas potential in the North-Eastern Region has grown since. At present, out of the 26 sedimentary basins in India, the 2 major Category One basins - the Upper Assam Shelf and Assam-Arakan Basin are in the North-eastern Region, consisting of 18% of the country's oil & gas resources.
Despite the decades past, the hydrocarbon potential in the north-east is immense. What has been discovered, is nothing but a mere droplet in the ocean of opportunities that lie ahead.
The North-Eastern Region has a true blend of Natural Beauty and Natural Resources, and with its huge talent pool, plays a key role in India’s development. With the right stimulus, the region will contribute significantly towards the energy independence of the country creating an “Atmanibhar Bharat”. But all of it must be done while preserving the rich biodiversity of the region.
It is time to put North-East First, a region that has given the nation so many firsts.
Film Showcase at NE Oil & Gas Investor Meet at Guwahati
A short film – The Birthplace of Indian Oil & Gas Industry in the North-Eastern Region was showcased at the NE Oil & Gas E&P Investor Meet to highlight the contribution and importance of the North-East to India’s energy production.
Guwahati, September 24, 2021
MoPNG, Govt. of India organized the North East Oil & Gas E&P Investment Meet in Guwahati to showcase Upstream Oil & Gas opportunities in region. The plenary session of the event was chaired by the Hon’ble Minister of Petroleum and Natural Gas, Shri Hardeep Singh Puri. Hon’ble Chief Minister of Assam, Dr. Himanta Biswa Sarma, Minister of State for Petroleum and Natural Gas, Shri Rameswar Teli and Ministers from the states of Arunachal Pradesh, Nagaland, Manipur, Sikkim, and Mizoram took part in the event. Secretary and Additional Secretary, MoPNG, major operators in the region, and other stakeholders were part of the event.
At the said event, Social Friendly Consulting (www.socialfriendly.in), a global consulting firm based out of South Asia, released a short film about the Birthplace of the Oil & Gas Industry in the country. Oil was first discovered in the 1800s in the North-Eastern region of India and has since given the country many firsts such as the First Oil Well, Asia’s First Oil Refinery, and World’s First Crude Oil Conditioning Plant (COCP) in Digboi, Assam, Asia’s First Cross-Country Pipeline between Guwahati and Barauni, India’s First Public Sector Refinery in Guwahati, many more. All of them are still operational and serving the country since the early 1900s.
The short film took the attention of the attendees towards the importance and contribution of the North-Eastern Region in becoming Atmanirbhar and becoming energy independent by 2047. The Social Friendly Vision 2050 for the Oil and Gas Industry is in alignment with the same.
With 18% of the country’s sedimentary basins and contributing about 10% to the total oil & gas produced in the country, the undiscovered potential in the region is immense. Thus, for the sustainable growth of the country, expedited exploration is of the essence. The objective of the conference was to highlight the portfolio of high-volume Oil & Gas assets in the North-Eastern basins, namely the Upper Assam Shelf and Assam-Arakan Basin.
This was one of the biggest E&P sector events of recent time in the region which was exhaustively planned with a comprehensive set of presentations and panel discussions touching a gamut of topics pertaining to the E&P sector, and the showcased film set the right context for the deliberations ahead.