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Hindustan Oil Exploration Company completes successful drilling of D-2 in Mumbai offshore

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Capital Market
Last Updated : Feb 24 2020 | 10:04 AM IST
Hindustan Oil Exploration Company announced the successful drilling and completion of its first well, named D-2, in Block MB/OSDSF/B80/2016 located in Mumbai Offshore.

The total oil and gas production from Well D-2 in terms of barrels of oil equivalent, varied from 3262 to 4585 barrels of oil equivalent per day (boepd).

This is the first offshore well drilled among the blocks awarded by Government of India under the first Discovered Small Field (DSF) bid round. This well has been drilled and completed with a sub-sea well head and tree installed through a jack up rig, another pioneering feat.

The rig will now move to the next location to drill the second well, named D-1 and the company expects the second well to be drilled and completed by end of April 2020.

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First Published: Feb 24 2020 | 9:49 AM IST

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