Pradhan holds hungry late-night 98/2 review

Vol 18, PW 22 (02 Jul 15) Exploration & Production
     

Dharmendra Pradhan is so determined to push forward development of ONGC's prospective KG-DWN-98/2 block he's willing to go hungry for it! Pradhan led a ministry team to Vizag on June 24 for a review meeting on the block.

"His flight reached around 9pm and he reached the hotel around 9:30pm," says a source. "At 10pm we began our presentation.

Pradhan reviewed our work till 1am and only then did he have his dinner!" Pradhan promised to grant approval for the $6bn Field Development Plan (FDP) for the 3800-sq km Northern Development Area (NDA) by October so long as ONGC's Board approves and forwards it to the ministry in good time. ONGC wants to drill 45 development wells including 10 for water injection and has issued tenders to hire five floaters with a target to begin development after the monsoon in 2016.

"Pradhan wants us to begin early production," adds an ONGC source. "He asked us intelligent questions related to production.

Earlier ministers showed no genuine interest." Pradhan came fully prepared and asked ONGC how it would make development cost effective by using the best technology. Accompanying Pradhan was oil secretary KD Tripathi, additional secretary AK Sawhney, joint secretary (exploration) UP Singh, joint secretary (refineries) S.

Poundrik and former DGH director general BN Talukdar. In attendance from ONGC was chairman DK Sarraf, director onshore Ashok Varma, director offshore TK Sengupta and director exploration AK Dwivedi.