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Software updates: Oil and Gas Projects.
Mar 19: 8 Project Name: Development Drilling
8Project Cost: Rs 6500 Crore.
8Project Description: Priomoter has planned development drilling of 250 wells in an oil block. RFQs for the project can be expected in upcoming months. Currently, the environmental clearance for the project is pending and is expected by Q3 2018.  Requirements for the project are:- drill pipes, drill casings, diesel gensets, drilling fluid, chemical additives, rigs.
8Project Event: RFQs for hiring drilling services is expected by Q2 2018.
RFQs for the mechanical equipment are expected by end of Q2 2018 instead of March 2018.
8Expenditure Approval: Q3:2016
8RFQ Date: Q2:2018
8Release Date: Q2:2018
8Start Date: Q4:2018
8Completion Date: Q2:2025
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8 Project Name: Early Production System
8Project Description: Promoter is planning an Early Production System. The project involves the construction of an EPS and laying of a pipeline for crude evacuation. RFQs for the project have been delayed on account of GST implementation. Moreover, the environmental clearance for the project is still pending. Further RFQs are expected shortly.
8Project Event: RFQ for the hiring EPC contractor is expected by May 2018 instead of March 2018.
8Expenditure Approval: Q4:2016
8RFQ Date: May/2018
8Release Date: Jun/2018
8Start Date: Q3:2018
8Completion Date: Q3:2019
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8Project Name: Oil Field Development
8Project Cost: Rs 400 crore
8Project Description: The Promoteris planning exploratory drilling of 15 wells. The locations are proposed to be drilled by electrical type rigs. An EIA report has been submitted recently for the project. Further RFQs are expected shortly.
8Project Event: RFQs for the hiring of Oil field services are expected by June:2018.
8Expenditure Approval: Q4/2016
8RFQ Date: June/2018
8Release Date: July/2018
8Start Date: May/2019
8Completion Date: May/2021
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