15-05-2025
HOEC resumes oil drilling at Kharsang Block after 12 years
Hindustan Oil Exploration Company (HOEC) has announced a significant development at the Kharsang Block in the Assam Arakan Basin, marking the resumption of drilling operations after a 12-year break.
HOEC has resumed drilling at the Kharsang Block in the Assam Arakan Basin after 12 years, completing Well KSG-71, the first of nine planned wells. Early testing shows production of around 250 barrels per day. Drilling of the second well, KSG-72, has started. HOEC holds a 35 per cent interest in the block, operated by its subsidiary Geoenpro Petroleum.
The company successfully completed the drilling of Well KSG-71, the first of nine development wells planned in the current phase. Early production testing of KSG-71 is underway, with oil production rates of around 250 barrels per day using chokes ranging from 6 mm to 8 mm. The well will be tied into production after testing is completed, and the optimal choke size is determined.
Drilling operations for the second well, KSG-72, have also commenced, further advancing the block's development plan.
The Kharsang Block, covering approximately 10 square kilometres, is operated by Geoenpro Petroleum Limited, a wholly owned step-down subsidiary of HOEC, which holds a 10 per cent Participating Interest (PI). HOEC also directly holds a 25 per cent PI, bringing its total interest in the block to 35 per cent.
This development marks a key step in enhancing domestic oil production from the region.
Fibre2Fashion News Desk (VK)
