GUWAHATI, July 18 - Utpal Bora has taken over the charge of Chairman and Managing Director of Oil India Limited (OIL) today.
Bora has a rich and varied experience of over 33 years in the E&P sector. He served in various capacities at ONGC Ltd, including OVL, the international wing of ONGC in activities related to artificial lift, well completion, testing, well control, reservoir management, crude transportation/quality assurance for refinery receipt, work over operations of onshore and offshore fields, planning, technical cell and at OVL he was specifically engaged in framing of policy directives and its implementation, coordination with national oil company of Venezuela, PDVSA under projects like Petrocarabobo and San Cristobal. This was stated in a press release issued by Tridib Duvarah, manager PR & Coordination.
His latest assignment was as Executive Director-Asset Manager of ONGC�s Mehsana Asset, which is the highest onshore producing asset of ONGC, where he was leading a team of about 2,300 engineers and technicians to sustain production from brown fields with about 1,800 operating wells, 87 drilling and 20 work-over rigs, about 80 exploratory and development wells drilled per year and 38 surface installations. As Asset Manager he also oversaw finance, material management, HR, CSR and coordination with statutory bodies and the Government of Gujarat. He is credited with turning around ONGC�s highest producing onshore asset and steering it towards newer heights. Under his leadership the Mehsana Asset received the Best Onshore Award of ONGC last year.