E&P Opportunity I: Procurement up for rigs and associated equipments, costing Rs. 380 crore
Jan 19: A major upstream player has planned to drill 26 development wells and 5 assessment wells in an on-land field, costing Rs. 380 crore. 8Further seismic studies are going on in this region which can result in more exploratory wells. 8The RFQ’s tenders and procurement for some of the equipment has already been completed but still more are to come up. Next set of RFQ’s will be out in the following manner: 8Core Hole Drilling Rigs, March-2017 8Drill Pipes, January-2017 8Drilling Bits and Coring Bits, February-2017. 8Tubular pipes, January 2017. 8ERW pipes, January 2017 8Drilling spools, DSA and Flanges will float in February-2017. 8Coring Liners, Core Barrels and accessories will float subsequently. Click on Details for more.