Growing Responsibly

HOEC’s story began in 1983, when the great visionary, the late Shri. H.T. Parekh, foresaw the need for private participation in the Indian Oil & Gas sector. After more than 3 decades of existence, HOEC has now emerged as a fast-growing and independent E&P player in India. HOEC now, through its operations contributes 10,000 boe of products everyday to the nation, from 4 of the 7 producing basins in India. We have turned around our fortunes by adopting a low-cost, fast-track development model with a focus on local content, innovation and sustainable practices. We aim to create long-term stakeholder value while ensuring that we ‘Grow Responsibly’.

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Years of Experience
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Blocks
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Producing Fields
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BOEPD (Gross)
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BOEPD (Net)

Our Top Priority – B-80

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B-80 is a block on the western offshore of India which was awarded in DSF-I round and the Revenue Sharing Contract (RSC) was signed on 27th March 2017. B-80 would be HOEC’s first foray into the prestigious Mumbai offshore basin. This field has the capacity to produce 5000 bopd of oil and 15 mmscfd of gas in the Phase-1 development.

  • Participating Interest – 50%
  • Target “First Oil” – June 2020
  • 5000 bopd of Oil & 15 mmscfd of Gas

OUR PARTNERS

Firing up the growth Engine

CSR

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