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Rs 450 crore oil field development: RFQs in Q3, 2018
May 15: 8Project Name: Oil Field Development
8Project Cost: Rs 450 crore
8Project Description: The Promoter is planning development drilling of 15 wells. The targeted depths of the wells shall be up to 4800m. An EIA report has been recently submitted for the project. The equipment required for the project will be casing pipes, drill pipes, drill bits, Blow out preventer (BOP), Cementing services (Cement, Cementing Chemicals and accessories), and Mud engineering services. Further RFQs are expected shortly.
8Project Event: RFQ for the equipment and oilfield chemicals are expected by Q3/2018.
8Expenditure Approval: Q2/2017
8RFQ Date: Q3/2018
8Release Date: Q3/2018
8Start Date: Nov/2019
8Completion Date: Dec/2021
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