HOEC operates three marginal fields in the Cambay Basin: Asjol, North Balol, and CB-ON-7 (Palej). Collectively producing around 200 boepd, these fields are poised for significant enhancement under the strategic vision of HOEC. The fields tap into reservoirs namely Balol, Babaguru, Kand, Upper Suraj Pay Sandstone, and the Hazad sands of Ankleshwar.
Brief Snapshot
| BLOCK | Asjol | CB-ON/7 | North Balol |
|---|---|---|---|
| Regime | Pre-NELP | Pre-NELP | Pre-NELP |
| Location | Southwestern flank of Mehsana horst | Eastern flank of Broach depression in Jambusar – Tectonic Block | Crestal part of Mehsana horst |
| Acreage | 15 sq.km | 7.64 sq.km | 27.3 sq. km |
| Asset Type | Under Production | Under Production | Under Production |
| Hydrocarbon Type | Oil | Oil & Gas | Oil |
| Safe Man hours | 1.04 million | 1.61 million | 1.70 million |
| Average Production (BOEPD) | 10 | 100 | 90 |
What’s on the Horizon
Asjol
- Plan to drill 2 horizontal wells in FY 2024-25 for production enhancement
- Technical and financial alignment with JV partners in progress
CB-ON-7
- Plan to install Artificial Lift (SRP) in existing 3 wells to enhance production and mitigate natural decline
- Expediting workover operations to install SRP in 1 well
North Balol
- Approved Field Development Plan for drilling 2 development wells is in place
- Drilling expected to commence in FY 2024-25
