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Rs 600 crore oil field exploratory drilling: Equipment RFQs by June, 2018
Apr 18: 8Project Name: Onshore Field Exploratory Drilling
8Project Cost: Rs 600 crore.
8Project Description: Promoter is planning development drilling of oil and gas wells in an onshore field. The wells are expected to be drilled up to a depth of 4000 meters. The block has tremendous gas potential but requires integrated planning so as to harness its full potential. The equipment required will be Casing pipes, Drilling pipes, Blow out preventer, Cementing services, Drilling fluid services and other oilfield chemicals.
8Project Event: RFQs for the equipment are expected by June 2018.
8Expenditure Approval: Q1/2018.
8RFQ Date: Jun/2018.
8Release Date: Jul/2018.
8Date: Q4/2018.
8Completion Date: Q2/2022.
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