An official said that the blast occurred when the experts were on their way to open the spool of the well before putting up the blow out preventer (BOP) that finally douses the fire.
Major debris has been cleared and a detailed inspection was undertaken jointly by experts from OIL, ONGC and Singapore's Alert Disaster Control to decide the next course of action.
As part of TERI study on air quality and noise level, samples for monitoring air quality and noise level are being collected for analysis.
An impairment loss is a recognised reduction in the carrying amount of an asset that is triggered by a decline in its fair value.
The company is developing an area for constructing a temporary workshop facility at the well site and the civil work is over.
The order was issued on Friday, 23 days since a “blowout” – or uncontrolled emission of natural gas – occurred at an oil well and 10 days after a major fire broke out at the site due to the blowout.
The company had claimed it would drill the seven wells inside the National Park from about 1.5 km distance outside the boundary of the forest.
International Energy Agency (IEA) forecast that India's fuel demand will reach 458 million tonnes by 2040.
During their visit, Pradhan and Sonowal also assessed the damage and took stock of the control measures being carried out by foreign experts and specialists from the OIL.
Meanwhile, the blowout and resultant fire caused an uncertainty on the OIL’s plans to drill for hydrocarbon deposits at seven locations in Tinsukia and Dibrugarh districts.
Gas has been spewing uncontrollably from the Baghjan well since the blowout on May 27.
During a similar blowout in 2005 at Dikom in Dibrugarh district, experts had to be flown in from abroad to control a blaze at an abandoned oil well.
No human life has been lost due to the release of natural gas, crude oil spillage, or condensate in OIL’s operations in all these years,” the public sector organisation said in a statement.
Edible oil imports have been declining since the imposition of lockdown from March 25 to prevent the spread of the coronavirus pandemic.
The blowout occurred on Wednesday morning at the OIL’s Baghjan BGR Oil Well No 5.