PPTsInvestor Presentation

Here's a concise summary for Hindustan Oil Exploration Company Limited (HOEC): HOEC's Q1 FY27 consolidated revenue was ₹124.01 Cr, with net profit at ₹6.24 Cr.

Hindustan Oil Exploration Company Limited logo
Hindustan Oil Exploration Company LimitedHINDOILEXP · Filed with the exchange

Performance was affected by a ₹260 Cr crude sales dispute with HPCL, now resolved through third-party sales.

While B80 production reduced, Kharsang successfully doubled oil output after workovers, although its high gas potential is currently shut-in due to evacuation constraints.

Dirok's gas production remains restricted by evacuation routes.

HOEC is prioritizing aggressive drilling and production enhancement.

B80 plans 3 new wells in Q4 FY27 (capex USD 45 million, funding sought), and Kharsang targets 9 additional wells this fiscal.

PY1 will see a booster compressor and intervention for increased sales.

Dirok's Field Development Plan is approved till 2035, and its Production Sharing Contract extension is under review.

A Crude Oil Lifting Technology (COLT) pilot in NB-11 (Cambay) showed early success, and a Thermic Fluid Heater boosted Palej production by 20%, with Sucker Rod Pumps expected to further enhance output to ~200 bopd/well.

The company aims for production optimization and expanding gas evacuation routes, expecting Palej to reach ~600 bopd by FY27-28. An exploration well in Block-19 is slated for Q4 FY27/Q1 FY28.

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