Oilex Ltd, Australian-based oil and gas explorationa and production company, reported Monday that all the drilling services tenders have now been evaluated and successful contractors are preparing to mobilize to Cambay-77H well at its Cambay Production Sharing Contract (PSC) in the Cambay Basin, Gujarat, India.
Assembly of the Essar LR-4 rig has commenced and components continue to arrive from Mumbai. The estimated spud date window is Feb. 22 to March 9.
The Cambay-77H well will evaluate the production potential of the extensive Eocene “tight” Y Zone reservoir that extends across the 62 square miles (161 square kilometers) Cambay PSC contract area. The well, which includes a 1,148 foot (350 meter) lateral section with 8 fracture stimulations to test the deliverability of the Y zone. Services associated with fracture stimulation and production testing are currently being finalized.
Managing Director of Oilex, Ron Miller, said
“We are very pleased with the continued progress seen at Cambay-77H and selecting the drilling services contractors is another important milestone that has helped us to refine the spud date for the well. We look forward to updating the market with news concerning the commencement of drilling in due course.”
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