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 Click here for more details