Hindustan Oil Exploration Co Ltd 2021 AR2
The report highlights Hindustan Oil Exploration Company Limited's (HOEC) performance and strategic developments during the fiscal year 2020-2021. Despite the challenges of the COVID-19 pandemic, the company successfully completed the drilling and testing of two subsea development wells in the B-80 block, establishing a production potential of over 8,000 boepd. Additionally, HOEC successfully conducted the first-ever e-auction for natural gas produced in the North-East region, discovering significant market potential and securing a premium price. The company maintained safe operations with zero lost-time injuries across all assets, including the Hollong Modular Gas Processing Plant, which crossed 1,000 LTI-free days.
Company: Hindustan Oil Exploration Co Ltd
Sector: Mining & quarrying
Country: India
Year: 2021
Type: AR2
Pages: 171
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Hindustan Oil Exploration Co Ltd
Annual Report
The report highlights Hindustan Oil Exploration Company Limited's (HOEC) performance and strategic developments during the fiscal year 2020-2021. Despite the challenges of the COVID-19 pandemic, the company successfully completed the drilling and testing of two subsea development wells in the B-80 block, establishing a production potential of over 8,000 boepd. Additionally, HOEC successfully conducted the first-ever e-auction for natural gas produced in the North-East region, discovering significant market potential and securing a premium price. The company maintained safe operations with zero lost-time injuries across all assets, including the Hollong Modular Gas Processing Plant, which crossed 1,000 LTI-free days.
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Document Details
Report Year
2021
Reporting Period
Apr 1, 2020 - Mar 31, 2021
Fiscal Year
2021
Published
Sep 28, 2021
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Materiality Assessment
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Workplace Fatalities
Employees