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Hindustan Oil Exploration Company secures new block in Mumbai Offshore
Apr-16-2025

Hindustan Oil Exploration Company (HOEC) has been awarded a contract area MB/OSDSF/B15/2024 under the Special Discovered Small Fields Bid Round 2024. Block MB/OSDSF/B15/2024 spans over 332.4 square kilometre area in the Mumbai Offshore region at a water depth of about 40 meters, encapsulating two discoveries B-15A-1 and B-15-2, with potential for further exploration. A total of 6 wells have been drilled in this contract area. Well B-15A-1 tested approximately 1.66 million standard cubic feet per day (mmscfd) of gas and 1833 barrels of oil per day (bopd) and Well B-15-2 tested around 1151 barrels of oil and 0.91 mmscfd of gas from the Panna formation. The company is the Operator of this Block with 100% Participating Interest. 

This new addition of Block MB/OSDSF/B15/2024 complements HOEC's existing BlockMB/OSDSF/B80/2016 in Mumbai Offshore, expanding the company's total acreage to over 800 square kilometres. This growth in reserves and resources strengthens the company's position as a meaningful independent oil company in the industry.

Hindustan Oil Exploration Company is engaged in the exploration, development and production of crude oil and natural gas in India, both onshore and offshore.


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