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OIL produced 3.7 mn t of crude oil in FY13
July 11, 2013July 11, 2013by In Oil & Gas

OIL produced 3.7 mn t of crude oil in FY13

State-run oil and gas explorer Oil India (OIL) could produce only 3.701 million tonne of crude oil during 2012-13 compared to 3.884 million tonne in 2011-12 because of hostile work environment in Assam. The company was targeted to explore 3.95 million tonne in 2012-13, but it could not and the figure was this year's target. OIL posted a gross income of Rs 11,456.32 crore