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Rs 800 crore onland drilling campaign: RFQ in July
Apr 24: 8Project Name: Oil Field Development
8Project Cost: Rs 800 crore
8Project Description: The Promoter is planning exploratory drilling of 20 wells. The exploratory drilling is planned in two phases. The upper section of about 1000-1200m, comprising the hard and abrasive formations are to be drilled using Air Hammer Drilling Technology contractually to achieve better drillability and reducing Rig time and cost. Subsequently, promoter owned electrical type rig is proposed to be deployed for undertaking deviation drilling in the reservoir section using turbo / appropriate rotary drilling technique. The project requirements will be casing pipes, drilling pipes, drill bits, Cementing services (Cement, Cementing Chemicals and accessories), and other Drilling supplies.  Further RFQs are expected shortly.
8Project Event: RFQ for the hiring of Oilfield services is expected by Jul:2018.
8Expenditure Approval: Q1/2017
8RFQ Date: Jul/2018
8Release Date: Aug/2018
8Start Date: Dec/2019
8Completion Date: Dec/2021
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