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Software updates: Oil and Gas Projects.
Feb 13: 8Project Name: Oil Field Development
8Project Cost: Rs 220 crore.
8Project Description: Promoter is planning development of an oil block. The project involves development drilling of oil wells, installation of an EPS and laying of a pipeline from oilfield to the nearest Early Production System (EPS). Promoter has already hired consultant for PFR report preparation. Currently, the product is in pre-clerance phase. Promoter had recently applied for the TOR of the project. The Early Production System is expected to be completed on EPC basis at an overall cost of Rs 6 Crores. Further RFQs are expected shortly.
8Project Event: A prequalification criterion meeting for various equipment and Early Production System is expected to be scheduled by March 2018 instead of February 2018.
8Expenditure Approval: Q4/2017.
8RFQ Date: Mar/2018.
8Release Date: Apr/2018.
8Start Date: Oct/2018.
8Completion Date: Oct/2020.
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8Project Name: Oil Field Development
8Project Cost: Rs 30 crore.
8Project Description: Promoter is planning the development of an oil field. The Project involves conversion of one exploratory well to a development well & laying of associated flow lines and facilities at the nearest GGS. The project is expected to start by April 2019. The Drilling part of the project will be done by the promoter itself. However, a slight delay is expected in project execution as the existing rigs need to be mobilized which ultimately might take a year or longer. The Flowline part of the project will be executed by an EPC Contractor. Further RFQs are expected shortly.
8Project Event: RFQ for hiring the EPC Contractor is expected by August 2018.
8Expenditure Approval: Jan/2018.
8RFQ Date: Aug/2018.
8Release Date: Sep/2018.
8Start Date: Apr/2019.
8Completion Date: Dec/2020.
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8Project Name: Effluent Treatment Plant
8Project Cost: Rs 25 crore.
8Project Description: Promoter has finally awarded the proposed effluent treatment plant of 100 cubic meter capacity for a bid price of Rs 14.6 crore. Moreover, the GCS upgradation part of the project has also been awarded. The ETP will be connected with the existing Gas Collecting Station. Following facilities are proposed to be developed in this project: Inlet Storage Tanks, Filter feed Tanks, Treated water Tanks, Corrugate plate interceptor, Multimedia filters, Fine filters, Centrifuge, PW Unloading pumps, CPI feed pumps, Filter backwash pumps, TW injection pumps, Chemical dosing pumps/tanks, Nitrogen Generator, Control Room building, Various pump sheds, Floating Skimmer with Internal Hose.
8Project Event: ETP has been awarded. The contractor, in turn, is likely to come out with RFQs for equipment in March 2018.
8Expenditure Approval: Q1/2016
8RFQ Date: Mar/2018.
8Release Date: Apr/2018.
8Start Date: Jun/2018.
8Completion Date: Jun/2019.
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