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900 crore exploratory drilling: Drilling services RFQ by Q4, 2018
Jun 19: 8Project Name: Oil Field Development 
8Project Cost: Rs 900 crore
8Project Description: The Promoter is planning Exploratory Drilling of 32 wells. The relentless exploratory inputs expended by the promoter in the acreages lead to a good number of discoveries and leads. Eight hydrocarbon bearing field have been established so far. The drilling rig required for the project will be hired on EPC basis. The project requirement will be Drill Pipes, Drill Collars, Drill Bits, Casing Pipes, Directional drilling services, Blow Out Preventer (BOP), Cementing services and Drilling fluids services. An EIA consultant has been already hired for the project. Further RFQs are expected shortly.
8Project Event: RFQ for the hiring of Drilling services is expected by Q4:2018.
 RFQ for the hiring of equipment and oilfield chemicals are expected by Q4:2018. 
8Expenditure Approval: Q1/2018
8RFQ Date: Q4/2018
8Release Date: Q4/2018
8Start Date: April/2020
8Completion Date: Dec/2022
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