Shale oil drilling: RFQ for hydro fracturing and other equipment in Q4, 2018
Jun 06: 8Project Name: Oil Field Development 8Project Cost: Rs 200 crore 8Project Description: The promoter is planning Shale Gas and Oil Exploratory Drilling of 02 wells. Two PML Block have been identified for exploratory drilling. The Targeted depth of the wells shall be up to 4400 meters. The drilling of these wells will provide leads to the further exploration and development of shale gas in the region. Promoter owned drilling rigs are proposed to be deployed for undertaking drilling activities. The equipment required for the project will be Hydrofracturing Equipment, Proppant, Blow out preventer, Cementing services, Drilling fluid services and other oilfield chemicals. 8Project Event: RFQ for the hydrofracturing unit and other equipment and oilfield chemicals are expected by Q4:2018. 8Expenditure Approval: Q1/2017 8RFQ Date: Q4/2018 8Release Date: Q4/2018 8Start Date: Jan/2020 8Completion Date: Dec/2020 Click here for more details for key contacts and other details