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Rs 1700 crore development drilling programme: RFQs in Q3, 2018
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Project Name: Oil Field Development
8Project Cost: Rs 1700 crore
8Project Description: The Promoter is planning development drilling of 75 wells. Promoter owned drilling rigs are proposed to be deployed for drilling activities but it is subjected to the availability of rigs on time. The equipment required for the project will be casing pipes, drilling pipes, cementing services, drill bits, drilling fluid services and other oilfield chemicals. An EIA consultant has already been hired for the project. Further RFQs are expected shortly.
8Project Event: RFQs for equipment and oilfield chemicals are expected by Q3/2018.
8Expenditure Approval: Q4/2017
8RFQ Date: Q3/2018
8Release Date: Q3/2018
8Start Date: Nov/2019
8Completion Date: Dec/2022
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