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Page No: 1
Software updates: Oil and Gas Projects.
Apr 03: 8 Project Name: Oil Field Development
8Project Cost: Rs 2000 Crore.
8Project Description: Promoter is planning development drilling of 100 wells in an oil block. The project also involves installation of an infield pipeline and a Central Processing facility. An EIA Consultant has already been hired for the project. Further RFQs are expected shortly.
8Project Event: RFQs for hiring of EPC contractor for pipeline installation is expected by June 2018.
RFQs for hiring an EPC contractor for CPF installation is expected by July 2018.
RFQs for hiring drilling services is expected by Q3 2018.
8Expenditure Approval: Q2/2017
8RFQ Date: June/2018
8Release Date: Sep/2018
8Start Date: Jul/2019
8Completion Date: Dec/2022
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8 Project Name: Offshore Field Exploration.
8Project Description: Promoter's RFQs for an exploratory drilling plan for an Offshore Field have been delayed. 3D seismic data acquisition was expected to end by May 2018 but has been delayed until December 2018, which will ultimately further push the RFQ dates into the future.
8Project Event: RFQ for Mechanical Equipment is expected by Q4 2018.
8Expenditure Approval: Q2/2015
8RFQ Date: Q4/2018
8Release Date: Q4/2018
8Start Date: Q2/2019
8Completion Date: 2021
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8Project Name: Oil Field Development
8Project Cost: Rs 300 crore
8Project Description: The Promoter is planning exploratory drilling of 08 wells. The proposed location of the block falls under a reserve forest area. The application for forest clearance is yet to be submitted. Subsequently, Promoter owned electrical type rig is proposed to be deployed. An EIA Consultant has already been hired for the project. Further RFQs are expected shortly.
8Project Event: RFQs for the hiring of Oilfield services viz. casing pipes, drilling pipes, drill bits, Cementing (Cement, Cementing Chemicals and accessories), and other Drilling supplies is expected by Q3:2018.
8Expenditure Approval: Q4/2017
8RFQ Date: Q3/2018
8Release Date: Q3/2018
8Start Date: Nov/2019
8Completion Date: Dec/2021
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