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Rs 1500 crore oil field development project: RFQs coming up in Q3
May 21: 8Project Name: Oil Field Development
8Project Cost: Rs 1500 crore
8Project Description: The Promoter is planning  an Onshore Oil & Gas development drilling and production. The project includes development drilling of 40 wells, 5 production installations and laying of assorted Oil & Gas flowlines/delivery lines (from 50mm to 300mm NB) of total length 100km. 2D and 3D seismic data acquisition have been adequately carried out in the area. The equipment required for the project will be Drill Pipes, Drill Collars, Casing Pipes, Xmas Trees, Blow Out Preventer, Cementing services, Drilling fluid services and other Oilfield chemicals. An EIA Consultant for the project has already been hired. Further RFQs are expected shortly.
8Project Event: RFQ for the equipment and oilfield chemicals are expected by Q3/2018.
 RFQ for hiring EPC contractor for production installation and pipeline network is expected by Q3/2018.
8Expenditure Approval: Q2/2016
8RFQ Date: Q3/2018
8Release Date: Q3/2018
8Start Date: April/2020
8Completion Date: Dec/2022
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