Enhancing Production and Offtake Arrangements
B-80: Project at an advanced stage- 50% PI
8000 boepd
(Barrel of oil equivalent per day)
Expected Total Production
(Phase I)
13% to 30%
Share of Oil to increase in
production mix
H EC
B-80 Development - Top Priority
• Two subsea development wells are drilled and
•
completed and ready to flow
Based on production tests both the wells are
capable of producing 8,000 boepd
•
Optimize the operating costs through in-house
MOPU and FSO for evacuation
•
•
Processing system is ready to be mobilized and the
systems for evacuation for oil and gas is to be
completed in the fair weather window starting from
November 2020 in the west coast
B-80 development will mark HOEC's successful foray
into the prolific Mumbai offshore basin
The project is on track for production
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Maharashtra
New Lead
• New lead in Deccan Trap formation of
a 6m interval
• This interval can potentially produce
oil and gas which needs to be tested
• The new lead can potentially increase
the value of the block. This is to be
taken up in the subsequent drilling
program
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