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Hindustan Oil set to turn a discovered small field success story

The company is expected to start production from the block during the third quarter of the current financial year

Topics
Hindustan Oil Exploration Co | Oil Exploration | oil field

Shine Jacob  |  Chennai 



Oil
A total of 54 contract areas were awarded in the first two rounds of DSF, out of which the DGH has received field development plans for 29 areas.

At a time when the government is rolling out the red carpet for investors under the third round of discovered small field (DSF-III) auctions, Chennai-based Hindustan Company (HOEC) has claimed that based on the latest estimates, B80 block — that it won during the first round of DSF — has seen a tenfold rise in oil and gas reserves.

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First Published: Sat, July 31 2021. 06:03 IST

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