Hindustan Oil Exploration Company to start production in Mumbai from June
Chennai-based Hindustan Oil Exploration Company (HOEC) has said it expects to start production from its discovered small field (DSF-I) block B-80 in Mumbai Offshore by June 2020.
Though the first round of DSF bidding happened in 2016, none of the 31 contract areas have started production so far. The firms is already in talks with state-run Oil and Natural Gas Corporation (ONGC) for sharing its pipeline infrastructure for evacuation of oil and gas from the block.
According to the plan, gas will be transported to ONGC’s Hazira plant and oil to ONGC’s Uran plant through ONGC’s pipelines. “We are in talks with ONGC regarding this. We will start drilling of the first two blocks by December 2019 and expect to begin production by June 2020,” said P Elango, managing director of HOEC.
