B-80 well positioned for final execution by Q4 FY21
Based on production tests both the wells are capable of producing 8,000 boepd
B-80 subsea development wells are drilled, completed and ready to flow and are positioned for the final leg of execution by Q4 FY21 according to Hindustan Oil Exploration Company Limited (HOEC).
Based on production tests both the wells are capable of producing 8,000 boepd. Processing system is planned to be mobilised by early December 2020 and installation of export facilities is to be completed in Q4 FY21 during the west coast weather window.
Conversion of Mobile Offshore Production Unit (MOPU) completed in record-time at Lamprell shipyard, Sharjah. The MOPU will be mobilised from Sharjah to site by early December 2020. The contract for flexible pipeline has been awarded and is to be mobilised from the USA. Umbilicals ready and to be transported from Brazil to site.
The calm buoy mooring system sourced in Batam. For gas export through ONGC pipeline, execution of engineering works being firmed in consultation with ONGC for execution. For oil export, dry docking scheduled for FSO will be ready by Q4 FY21. Final discussions ongoing with installation contractors to execute.
HOEC is the first private company in India to enter the field of oil and gas exploration. It has 10 blocks with discoveries producing or ready to be developed and one exploratory block in its portfolio. Gross production stood at 7,869 boepd and net production stood at 3,163 boepd for FY20.
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