8Project Name: Offshore Field Development.
8Project Cost: Rs 540 crore.
8Project Description: Promoter is planning the development of an offshore field, which is a part of the Western Offshore region, by drilling of new wells and installation of a new well-head platform with associated pipelines and modification of the two existing platforms. An overall production of 0.5 MMT of oil and 0.7 BCM of gas is envisaged from the project. The oil and gas from this project will be evacuated to promoter’s onshore terminals. Further RFQs for the project are expected shortly.
8Project Event: RFQ for hiring an EPC contractor for platform installation and pipeline is expected by November end 2017.
8Expenditure Approval: 23/Feb/2017.
8RFQ Date: 25/Nov/2017.
8Release Date: Q1/2018.
8Start Date: Q1/2018.
8Completion Date: Nov/2019.
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8Project Name: Offshore Field Development
8Project Cost: Rs 510 crore
8Project Description: Promoter is planning the development of the offshore block located in the Western Offshore. The project envisages a peak oil production of 1,000 bopd, peak condensate production of 1,800 bcpd and a peak gas production of 0.3 MMSCMD. The cumulative oil production of 0.2 MMT, cumulative condensate production of 0.4 MMT and the cumulative gas production of 0.6 BCM is envisaged during the life of the project.
Following developments have been proposed for the project: Creation of facilities in the form of one new slot wellhead platform along with associated pipeline, topside modification of two existing process platforms and drilling of two wells. RFQs for the project are expected shortly.
8Project Event: RFQs for hiring an EPC contractor for wellhead platform and pipelines is expected by November end 2017.
8Expenditure Approval: 23/Feb/2017
8RFQ Date: 25/Nov/2017
8Release Date: Q1/2018
8Start Date: Q2/2018
8Completion Date: Nov/2019
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