16 June 2015
OIL EXPLORATION 14.8.1982
The stamp depicts the offshore jack-up drilling rig "Sagar Samrat". The first day cover shows an onshore drilling rig in the Eastern Region.
OIL EXPLORATION. Search for oil began in India a early as in 1866 in the Upper Region of Assam. It was, however, only after independence that a systematic oil exploration programme covering the entire country was taken up with earnestness. Oil was discovered at Makum near Marghrita at a depth of 36 meters as far back as in 1867 and later on at Borbhil now known as Digboi in 1890. After a considerable laps of time, the Burma Oil Company succeeded in finding oil in Naharkatiya and Moran areas in Assam in 1953 and 1957 respectively. Subsequently, the Government of India joined hands with Burma Oil Company in 1959 and formed an exploration company called 'Oil India Limited' on 50:50 partnership.