Assam is enriched with Petroleum MineralResources. Out of the total 25 Oil Blocks of India,15 Blocks are located in Assam. It holds about20% of the indigenous Crude reserves and 23% of thetotal Natural Gas(NG) Reserves of India. If the saidResources are explored and utilized properly, the statewill be able to register itself as a developed state.Unfortunately, due to improper utilization of theResources, the state remains poor. The Per CapitaIncome of Assam was recorded at Rs. 27,197.00 onlyagainst Rs. 46,492.00 of India’s National Average PerCapita Incomein the year 2009-10. the investment andproduction scenario in oil sector is so poor that, thestate is producing only 14% of the total indigenouscrude production and 7% of the total indigenous NaturalGas ( NG ) Productionin spite of having 23% of totalCrude Reserves and 21% of total NG of India. On thebasis of the Reserve status, the Production of NG ofAssam may be increased to 21.0 Billion Cubic Metersagainst the current production of 3.38 Billion CubicMeters p.a. A