Essar9 May 2018 13:29
Essar is planning a series of tenders for its 500-sq km Raniganj East CBM block or RG (E) CBM-2001/1 in preparation to begin drilling 50 development wells from July or August 2018.
Essar wants to complete drilling the 50 wells by March 30, 2019 at the West Bengal block in line with a 152 development well drilling programme aimed at raising current production of 600,000 cm/d to 2.3m cm/d by October 2020. Either this month (May) or next (June) Essar is expected to issue tenders for four mobile rigs, each expected to drill two wells a month to around 1200 metres TD.
Greka Drilling and Essar group company Essar Oilfield Services are among those expected to respond. Essar presently has five workover rigs at Raniganj (East) from MACO, Aakash Oil Field Services and Kingston Oilfield Services.