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Rs 300 crore oil field development: RFQ for the equipment and oilfield chemicals are expected by Q3/2018
Apr 26: 8Project Name: Oil Field Development
8Project Cost: Rs 300 crore
8Project Description: The Promoter is planning  to drill 05 exploratory wells. The targeted depths of the wells will be 1600m. Promoter owned electrical type rig is proposed to be deployed for undertaking drilling activities in the block. The equipment required for the project will be Drill Pipes, Casing Pipes, Xmas Trees, Blow Out Preventer, Cementing services, Drilling fluid services and other Oilfield chemicals.  Further RFQs are expected shortly.
8Project Event: RFQ for the equipment and oilfield chemicals are expected by Q3/2018.
8Expenditure Approval: Q4/2016
8RFQ Date: Q3/2018
8Release Date: Q3/2018
8Start Date: Dec/2019
8Completion Date: Dec/2021
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