Moneycontrol PRO
HomeNewsIndiaOil India's hydrocarbon breakthrough in Namrup Borhat-1 to make Assam first state oil producer

Oil India's hydrocarbon breakthrough in Namrup Borhat-1 to make Assam first state oil producer

The discovery, which is considered to be a major breakthrough, is set to provide a boost to India’s energy sector.

July 16, 2025 / 18:02 IST
The state government, which has a stake in the exploration of hydrocarbons, will likely receive royalties and profits generated from the well.

Assam chief minister Himanta Biswa Sarma on July 16 said that Oil India has found hydrocarbon presence in Assam’s Namrup Borhat-1 well, where the state government has a significant stake.

Sarma said that the discovery makes Assam the first state to be a direct oil producer in the country, calling it a “proud moment”.

“This discovery makes Assam the first State Govt to be a direct oil producer, makes exploration efforts successful, empowers Assam with revenue & royalty and ensures steady availability of energy for the country,” he said in a post on X.

The well is located in the Dibrugarh district of Assam at a depty of 4,333 meters. The discovery, which is considered to be a major breakthrough, is set to provide a boost to India’s energy sector.

The state government, which has a stake in the exploration of hydrocarbons, will likely receive royalties and profits generated from the well.

Moneycontrol News
first published: Jul 16, 2025 06:02 pm

Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!

Subscribe to Tech Newsletters

  • On Saturdays

    Find the best of Al News in one place, specially curated for you every weekend.

  • Daily-Weekdays

    Stay on top of the latest tech trends and biggest startup news.

Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347