Asset Portfolio

Offshore Assets

Block MB/OSDSF/B-80/2016 (B-80)
The Field Development Plan of this Block involves drilling two new subsea development wells. The major part of the drilling campaign was excuted during the COVID-19 pandemic amidst the complete lockdown. Despite facing global sourcing hurdles and navigating local logistics, HOEC successfully completed the drilling campaign. The project involved installation of India’s first Mobile Offshore Processing Unit (MOPU), setting up a Single Point Mooring (SPM) system, and mobilizing a Floating Storage & Offloading (FSO) vessel.
The field was put on production in June 2022 and HOEC became the first company to initiate production from an offshore field under the DSF policy of the Government of India. The first crude offtake was recorded on January 30, 2024.

Brief Snapshot

BLOCK MB/OSDSF/B-80/2016
Regime DSF
Location West coast of India in the Arabian Sea, at a Distance of110 km from Mumbai City
Acreage 56.02 sq.km
Asset Type Under Production
Hydrocarbon Type Oil & Gas
Safe Man hours 0.43 million
Average Production (BOEPD) 2500

What’s on the Horizon

B-80
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

Mumbai Offshore Basin

Block MB/OSDSF/B-80/2016 (B-80)
The Field Development Plan of this Block involves drilling two new subsea development wells. The major part of the drilling campaign was excuted during the COVID-19 pandemic amidst the complete lockdown. Despite facing global sourcing hurdles and navigating local logistics, HOEC successfully completed the drilling campaign. The project involved installation of India’s first Mobile Offshore Processing Unit (MOPU), setting up a Single Point Mooring (SPM) system, and mobilizing a Floating Storage & Offloading (FSO) vessel.
The field was put on production in June 2022 and HOEC became the first company to initiate production from an offshore field under the DSF policy of the Government of India. The first crude offtake was recorded on January 30, 2024.
Brief Snapshot
BLOCK MB/OSDSF/B-80/2016
Regime DSF
Location West coast of India in the Arabian Sea, at a Distance of110 km from Mumbai City
Acreage 56.02 sq.km
Asset Type Under Production
Hydrocarbon Type Oil & Gas
Safe Man hours 0.43 million
Average Production (BOEPD) 2000
What’s on the Horizon
B-80

Cauvery Basin

HOEC holds Participating Interest in two offshore Blocks in Cauvery basin – PY-1 and PY-3.
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
Average Production (BOEPD) 65
What’s on the Horizon
PY-1