Hindustan Oil Exploration Company Ltd. 2023 AR2
The report highlights Hindustan Oil Exploration Company Limited's (HOEC) operational and financial performance for the fiscal year 2022-23. Notably, the company commenced commercial gas and oil production from its offshore B-80 field, making it the first private player to produce from an offshore field under India's Discovered Small Field policy. HOEC achieved a record gross operated production level of over 10,000 barrels of oil equivalent per day (boepd) by the end of the year. Financially, the company's consolidated revenue from operations increased significantly to ’55,891.53 lakhs, with a profit after tax of ’19,404.82 lakhs. On the sustainability front, the company continued its commitment to safety, achieving 1,844 LTI-free days at its Hollong Modular Gas Processing Plant.
Company: Hindustan Oil Exploration Company Ltd.
Sector: Mining & quarrying
Country: India
Year: 2023
Type: AR2
Pages: 206
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Hindustan Oil Exploration Company Ltd.
Annual Report
The report highlights Hindustan Oil Exploration Company Limited's (HOEC) operational and financial performance for the fiscal year 2022-23. Notably, the company commenced commercial gas and oil production from its offshore B-80 field, making it the first private player to produce from an offshore field under India's Discovered Small Field policy. HOEC achieved a record gross operated production level of over 10,000 barrels of oil equivalent per day (boepd) by the end of the year. Financially, the company's consolidated revenue from operations increased significantly to ’55,891.53 lakhs, with a profit after tax of ’19,404.82 lakhs. On the sustainability front, the company continued its commitment to safety, achieving 1,844 LTI-free days at its Hollong Modular Gas Processing Plant.
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Document Details
Report Year
2023
Reporting Period
Apr 1, 2022 - Mar 31, 2023
Fiscal Year
2023
Published
Sep 27, 2023
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Materiality Assessment
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Emissions
Scope 1:
Energy Consumption
Water Consumption
Total Waste
Women on Board
Women in Management
Workplace Fatalities
Employees