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.

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)