B-80 is a producing conventional oil field located in shallow water in India and is operated by Hindustan Oil Exploration. According to GlobalData, who tracks more than 34,000 active and developing oil and gas fields worldwide, the field is located in block MB/OSDSF/B80/2016, with water depth of 984 feet. Buy the profile here.
An expansion project is associated with the B-80, namely the B-80 Development. This project is currently in the feasibility stage.
Field participation details
The field is owned by Adbhoot Estates and Hindustan Oil Exploration.
Production from B-80
The B-80 conventional oil field recovered 6.92% of its total recoverable reserves, with peak production expected in 2023. The peak production was approximately 4.85 thousand bpd of crude oil and condensate and 15.00 Mmcfd of natural gas. Based on economic assumptions, production will continue until the field reaches its economic limit in 2048.
Remaining recoverable reserves
The field is expected to recover 12.94 Mmboe, comprised of 10.23 Mmbbl of crude oil & condensate and 16.26 bcf of natural gas reserves.
About Hindustan Oil Exploration
Hindustan Oil Exploration Co Ltd (HOEC) is an oil and gas exploration and development company. The company’s business activities include exploration and development of hydrocarbons crude oil and natural gas. It offers geological and geophysical services related to the exploration of oil, and natural gas and other oil field services. HOEC’s onshore and offshore assets include operated and non operated acreages in Assam-Arakan basin, Cambay basin, Cauvery basin, and Mumbai High Basin. HOEC partners with other oil and gas companies for its exploration activities. The company has operations in Gujarat, Maharashtra and Tamil Nadu, India. HOEC is headquartered in Chennai, Tamil Nadu, India.
For more details on the B-80 Conventional Oil Field, buy the profile here.
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GlobalData, the leading provider of industry intelligence, provided the underlying research used to produce this article.
This information is drawn from GlobalData’s Oil & Gas Intelligence Center, which provides detailed profiles of 34,000+ oil and gas fields, 400,000+ exploration blocks, 1,100+ LNG terminals, 3,400+ gas processing plants, 5,000+ storage terminals, and 8,000+ pipelines, 1,400+ refineries and 13,000+ petrochemical plants worldwide.
