Home Stamps Commemorative Stamps 1989-1991 Centenary of Indian Oil Production (click for stamp information)
Centenary of Indian Oil Production (click for stamp information)
Centenary of Indian Oil Production (click for stamp information)

Product Details
Product Name
:
Centenary of Indian Oil Production (click for stamp information)
Issue Date
:
29 December 1989
Denomination
:
60
Category
:
Description
:

The Indian Petroleum industry is completing hundred years in 1989 because oil in commercial quantities was discovered in Digboi, Assam, in 1889. Drilling was started at Digboi Weel No. I in September 1989. The first gush of oil was struck a month later at 178 feet and in November 1890 the well was completed to a depth of 662 feet as an oil producer. A total of a thousand and one wells were drilled inDigboi.

The oilfield, being operated by Oil India Limited, is still producing, making it perhaps the only continuously producing oilfield of this vintage in the world. Oil in the Digboi oilfield is in very shallow zones and sometimes seeps to the surface. The story of oil discovery in Digboi oilfield is quite interesting. An elephant working for the Assam Railways and Trading Company used to go through the jungles carrying logs. One day when the elephant returned to the camp, oil was noticed on its feet. His masters retraced the elephant's steps into the forest and found bubbles of oil seeping from the ground. "Dig, boy dig!" exclaimed the Englishman to his workers in his exctement on seeing the oil. Thus the name Digboi found a place in the Petroleum history of India.

The Petroleum inustry has come a long way in these 100 years. Today, there is hardly any sector of the economy which is not directly or indirectly affected by the availability and prices of petroleum products. The crucial role of this industry in the economic life of the nation has led to a step up activities in the petroleum sector in recent years. The country presently produces about 32 million tonnes of oil and 12,700 million cubic meters of natural gas per years. Togather with imported crude the country's 12 operating refineries process/ refine about 50 million tonnes of crude oil per year.

Additional capacity of about 12 million tonnes per year will be added when the refineries at Karnal, Mangalore and Assam are completed shortly. The oil sector provides for about 50% of the commercial energy needs of the country. With the same spirit of pineerism that discovered Digboi Oilfield a hundred years ago, exploration efforts are being intensified, production of oil and gas being brought accelerated and a general improvement is being brought about to energy management systems.

In the 100th year of the Petroleum industry which coincide with the birth centenary of pandit Jawaharlal Nehru, the oil sector is poised to execute the vision of Panditji in makinh India a progresive and developed nation-state of the world.

Source : Information Folder issued by Indian Posts & Telegraph Department, Government of India

Format
:
Single
Printed Quantity
:
1.5 Mill

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