Hindustan Oil Exploration Company Ltd Share Price – NSE /  BSE

Crude Oil & Natural Gas, Small Cap

The company had initially planned to drill nine development wells in this Block.

The Well KSG-71 is under testing with various chokes from 6mm to 8 mm and the initial rate of oil production is about 250 barrels per day.

In further progress, the second well, KSG-72, has also been spud in the block, marking a significant resumption of drilling activities in this area after a 12-year interval.

The Well KSG-71 will be hooked up for production immediately with optimum choke after the completion of well testing.

The Kharsang Block encompasses an area of about 10 square kilometers in the Assam Arakan Basin.

Geoenpro Petroleum, a wholly owned step-down subsidiary of HOEC, is the operator of the Block with 10% participating interest (PI). HOEC holds 25% PI in the Block, resulting in a combined PI of 35% in the Block.

Hindustan Oil Exploration Company owns participatory interest in exploratory and production oil and gas assets across four basins in Assam (five projects), Mumbai Offshore (one project), Cambay Gujarat (three projects) and Cauvery Offshore (two projects).

Powered by Capital Market - Live News

Hindustan Oil Exploration Company (HOEC) announced the successful drilling and completion of Well KSG-71 in the Kharsang Block, where the initial plan is to drill nine development wells. This well is under testing with various chokes from 6mm to 8 mm and the initial rate of oil production is about 250 barrels per day. The second well, KSG-72, has also been spud in the Block. This marks a significant milestone, as drilling in this Block has been started after a 12-year gap. The Well KSG-71 will be hooked up for production immediately with optimum choke after the completion of well testing.

The Kharsang Block encompasses an area of about 10 square kilometers in the Assam Arakan Basin. Geoenpro Petroleum, a wholly owned step-down subsidiary of HOEC, is the Operator of the Block with 10% Participating Interest (PI). HOEC holds 25% PI in the Block, resulting in a combined PI of 35% in the Block.

Powered by Capital Market - Live News

The block MB/OSDSF/B15/2024 spans over 332.4 square kilometers area in the Mumbai Offshore region at a water depth of about 40m, 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.

?HOEC is the operator of this block with 100% participating interest,? the company stated.

This new addition of block MB/OSDSF/B15/2024 complements HOEC's existing block MB/OSDSF/B80/2016 in Mumbai Offshore, expanding the company's total acreage to over 800 square kilometres.

Ramasamy Jeevanandam, managing director of HOEC, said: ?As we strive to optimize operations in the Mumbai Offshore region, we also prioritize leveraging our offshore expertise to drive sustained growth.

Through the development of existing discoveries and the potential drilling of new wells, HOEC aims to unlock the full potential of this Block and create significant value for all the stakeholders.?

Hindustan Oil Exploration Company owns participatory interest in exploratory and production oil and gas assets across four basins in Assam (five projects), Mumbai Offshore (one project), Cambay Gujarat (three projects) and Cauvery Offshore (two projects).

Powered by Capital Market - Live News

Hindustan Oil Exploration Company (HOEC) announced the successful drilling and completion of Well KSG-71 in the Kharsang Block, where the initial plan is to drill nine development wells. This well is under testing with various chokes from 6mm to 8 mm and the initial rate of oil production is about 250 barrels per day. The second well, KSG-72, has also been spud in the Block. This marks a significant milestone, as drilling in this Block has been started after a 12-year gap. The Well KSG-71 will be hooked up for production immediately with optimum choke after the completion of well testing.

The Kharsang Block encompasses an area of about 10 square kilometers in the Assam Arakan Basin. Geoenpro Petroleum, a wholly owned step-down subsidiary of HOEC, is the Operator of the Block with 10% Participating Interest (PI). HOEC holds 25% PI in the Block, resulting in a combined PI of 35% in the Block.

Powered by Capital Market - Live News

The block MB/OSDSF/B15/2024 spans over 332.4 square kilometers area in the Mumbai Offshore region at a water depth of about 40m, 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.

?HOEC is the operator of this block with 100% participating interest,? the company stated.

This new addition of block MB/OSDSF/B15/2024 complements HOEC's existing block MB/OSDSF/B80/2016 in Mumbai Offshore, expanding the company's total acreage to over 800 square kilometres.

Ramasamy Jeevanandam, managing director of HOEC, said: ?As we strive to optimize operations in the Mumbai Offshore region, we also prioritize leveraging our offshore expertise to drive sustained growth.

Through the development of existing discoveries and the potential drilling of new wells, HOEC aims to unlock the full potential of this Block and create significant value for all the stakeholders.?

Hindustan Oil Exploration Company owns participatory interest in exploratory and production oil and gas assets across four basins in Assam (five projects), Mumbai Offshore (one project), Cambay Gujarat (three projects) and Cauvery Offshore (two projects).

Powered by Capital Market - Live News

Hindustan Oil Exploration Company (HOEC) announced the recent award of a contract area MB/OSDSF/B15/2024 under the Special Discovered Small Fields Bid Round 2024 on 15 April 2025.

Block MB/OSDSF/B15/2024 spans over 332.4 Sq. Kms. area in the Mumbai Offshore region at a water depth of about 40m, 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. HOEC is the Operator of this Block with 100% Participating Interest.

This new addition of Block MB/OSDSF/B15/2024 complements HOEC's existing Block MB/OSDSF/B80/2016 in Mumbai Offshore, expanding the Company's total acreage to over 800 sq. kms.

Powered by Capital Market - Live News

The company had initially planned to drill nine development wells in this Block.

The Well KSG-71 is under testing with various chokes from 6mm to 8 mm and the initial rate of oil production is about 250 barrels per day.

In further progress, the second well, KSG-72, has also been spud in the block, marking a significant resumption of drilling activities in this area after a 12-year interval.

The Well KSG-71 will be hooked up for production immediately with optimum choke after the completion of well testing.

The Kharsang Block encompasses an area of about 10 square kilometers in the Assam Arakan Basin.

Geoenpro Petroleum, a wholly owned step-down subsidiary of HOEC, is the operator of the Block with 10% participating interest (PI). HOEC holds 25% PI in the Block, resulting in a combined PI of 35% in the Block.

Hindustan Oil Exploration Company owns participatory interest in exploratory and production oil and gas assets across four basins in Assam (five projects), Mumbai Offshore (one project), Cambay Gujarat (three projects) and Cauvery Offshore (two projects).

Powered by Capital Market - Live News

Hindustan Oil Exploration Company (HOEC) announced the successful drilling and completion of Well KSG-71 in the Kharsang Block, where the initial plan is to drill nine development wells. This well is under testing with various chokes from 6mm to 8 mm and the initial rate of oil production is about 250 barrels per day. The second well, KSG-72, has also been spud in the Block. This marks a significant milestone, as drilling in this Block has been started after a 12-year gap. The Well KSG-71 will be hooked up for production immediately with optimum choke after the completion of well testing.

The Kharsang Block encompasses an area of about 10 square kilometers in the Assam Arakan Basin. Geoenpro Petroleum, a wholly owned step-down subsidiary of HOEC, is the Operator of the Block with 10% Participating Interest (PI). HOEC holds 25% PI in the Block, resulting in a combined PI of 35% in the Block.

Powered by Capital Market - Live News

The block MB/OSDSF/B15/2024 spans over 332.4 square kilometers area in the Mumbai Offshore region at a water depth of about 40m, 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.

?HOEC is the operator of this block with 100% participating interest,? the company stated.

This new addition of block MB/OSDSF/B15/2024 complements HOEC's existing block MB/OSDSF/B80/2016 in Mumbai Offshore, expanding the company's total acreage to over 800 square kilometres.

Ramasamy Jeevanandam, managing director of HOEC, said: ?As we strive to optimize operations in the Mumbai Offshore region, we also prioritize leveraging our offshore expertise to drive sustained growth.

Through the development of existing discoveries and the potential drilling of new wells, HOEC aims to unlock the full potential of this Block and create significant value for all the stakeholders.?

Hindustan Oil Exploration Company owns participatory interest in exploratory and production oil and gas assets across four basins in Assam (five projects), Mumbai Offshore (one project), Cambay Gujarat (three projects) and Cauvery Offshore (two projects).

Powered by Capital Market - Live News

Hindustan Oil Exploration Company (HOEC) announced the successful drilling and completion of Well KSG-71 in the Kharsang Block, where the initial plan is to drill nine development wells. This well is under testing with various chokes from 6mm to 8 mm and the initial rate of oil production is about 250 barrels per day. The second well, KSG-72, has also been spud in the Block. This marks a significant milestone, as drilling in this Block has been started after a 12-year gap. The Well KSG-71 will be hooked up for production immediately with optimum choke after the completion of well testing.

The Kharsang Block encompasses an area of about 10 square kilometers in the Assam Arakan Basin. Geoenpro Petroleum, a wholly owned step-down subsidiary of HOEC, is the Operator of the Block with 10% Participating Interest (PI). HOEC holds 25% PI in the Block, resulting in a combined PI of 35% in the Block.

Powered by Capital Market - Live News

The block MB/OSDSF/B15/2024 spans over 332.4 square kilometers area in the Mumbai Offshore region at a water depth of about 40m, 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.

?HOEC is the operator of this block with 100% participating interest,? the company stated.

This new addition of block MB/OSDSF/B15/2024 complements HOEC's existing block MB/OSDSF/B80/2016 in Mumbai Offshore, expanding the company's total acreage to over 800 square kilometres.

Ramasamy Jeevanandam, managing director of HOEC, said: ?As we strive to optimize operations in the Mumbai Offshore region, we also prioritize leveraging our offshore expertise to drive sustained growth.

Through the development of existing discoveries and the potential drilling of new wells, HOEC aims to unlock the full potential of this Block and create significant value for all the stakeholders.?

Hindustan Oil Exploration Company owns participatory interest in exploratory and production oil and gas assets across four basins in Assam (five projects), Mumbai Offshore (one project), Cambay Gujarat (three projects) and Cauvery Offshore (two projects).

Powered by Capital Market - Live News

Hindustan Oil Exploration Company (HOEC) announced the recent award of a contract area MB/OSDSF/B15/2024 under the Special Discovered Small Fields Bid Round 2024 on 15 April 2025.

Block MB/OSDSF/B15/2024 spans over 332.4 Sq. Kms. area in the Mumbai Offshore region at a water depth of about 40m, 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. HOEC is the Operator of this Block with 100% Participating Interest.

This new addition of Block MB/OSDSF/B15/2024 complements HOEC's existing Block MB/OSDSF/B80/2016 in Mumbai Offshore, expanding the Company's total acreage to over 800 sq. kms.

Powered by Capital Market - Live News