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Software updates: Active upstream projects
Jul 11:   8Project Name: PML Blocks Exploratory Drilling.
8Project Cost: Rs 1400 crore.
8Project Description New: The operator is planning exploratory drilling of 40 onshore wells but the PML licence is expected to expire by December 2019. Currently, the owner is in process of license renewal for the block. The tentatively targeted depth of the wells will be up to 4000 meters. The drilling programme will be carried out using a third party rig, which will be procured also for the carrying out drilling in adjacent areas.
8Project Event New: RFQs for hiring an EIA consultant are expected by September 2018.
 RFQ for the hiring of rig services is expected by Q1/2019.
 RFQ for the equipment and oilfield chemicals are expected by Q1/2019.
8Expenditure Approval: Q3/2018
8RFQ Date: Q1/2019.
8Release Date: Q1/2019.
8Date: Q4/2019
8Completion Date: Q4/2022
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8Project Name: Offshore Field Development
8Project Cost: Rs 55000 crore
8Project Description: The owner of the field development has started accepting quotations for hiring an IPM consultant and EPIC contractor for the BRC Offshore Field. Moreover, the RFQ for a jack-up rig is also expected to be floated soon.
8Project Event: RFQ for hiring an EPCM contractor for the project is expected by September 2018.
8Expenditure Approval: Q2/2016
8RFQ Date: Sep/2018
8Release Date: Nov/2018
8Start Date: Q1/2021
8Completion Date: Q2/2022
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8Project Name: Drilling Field Development
8Project Cost: Rs 1350 crore.
8Project Description New: The owner's RFQs for the cementing and wireline services for the development drilling of 14 wells are expected to be out soon. An EIA report has been recently submitted for the project. However, the environment clearance for the project has not been granted till now. For rigs, there is also a possibility of using company-owned rigs as the central office is in process of procuring new drilling rigs. The rig hiring will depend upon the availability of the rigs with the asset. 
8Project Event New: RFQs for the hiring cementing and wireline services are expected by September 2018.
8Expenditure Approval: Q2/2017
8RFQ Date: Sep/2018.
8Release Date: Nov/2018.
8Date: Oct/2019
8Completion Date: Oct/2021
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