HOEC holds Participating Interest in two offshore Blocks in Cauvery basin – PY-1 and PY-3.
PY-1
PY-1 field’s unconventional fractured granitic basement reservoir marks it as one of India’s first offshore non-associated natural gas fields to be developed and put into commercial production since 2009. HOEC has installed an offshore well-head platform named SUN with nine well slots. A sophisticated 57 km sub-sea pipeline connects the platform to the landfall point at Pillaiperumalnallur Village (PPN), at Thirukadayur (Tamil Nadu), where an onshore gas processing terminal has been established. This gas processing facility has a handling capacity of 55 MMSCFD.
Brief Snapshot
| BLOCK | PY-1 | PY-3 |
|---|---|---|
| Regime | Pre-NELP | Pre-NELP |
| Location | Along the NE-SW Madanam Ridge in Cauvery Basin | Tranquebar depression in Cauvery Basin |
| Acreage | 75 sq. km | 81 sq.km |
| Asset Type | Under Production | Field shut-in from July 2011 |
| Hydrocarbon Type | Gas | Oil |
| Safe Man hours | 6.95 million | – |
| BLOCK | PY-1 | PY-3 |
|---|---|---|
| Regime | Pre-NELP | Pre-NELP |
| Location | Along the NE-SW Madanam Ridge in Cauvery Basin | Tranquebar depression in Cauvery Basin |
| Acreage | 75 sq. km | 81 sq.km |
| Asset Type | Under Production | Field shut-in from July 2011 |
| Hydrocarbon Type | Gas | Oil |
| Safe Man hours | 6.95 million | – |
| Average Production (BOEPD) | 65 | – |
What’s on the Horizon
PY-1
- Approved Revised Field Development Plan is in place for drilling 3 development wells
- Inhouse and special geologists interpretation carriedout
- After review by third party, we plan to drill 3 wells with extended well testing in FY 2025-26.
