Aeromagnetic survey for Oil India in Rajasthan

Vol 16, PW 1 (26 Jul 12) Exploration & Production

People living near India’s tense border with Pakistan in Rajasthan might report a few UFO sightings but will have no real cause for alarm.

PETROWATCH learns Australian companies Fugro Airborne Surveys and GPX Surveys, as well as Canadian company and Sander Geophysics, are competing for an aeromagnetic survey job at Oil India’s 1517-sq km onland block RJ-ONN-2005/2 near the border. After issuing a tender on June 21, Oil India held a pre-bid at its Jodhpur project office on July 25, attended by Fugro, GPX Surveys and Sander Geophysics representatives.

August 14 is the deadline to receive and open bids. Aircraft must be mobilised within 45 days of the award and Oil India needs all data acquisition, processing and interpretation completed within six months.

Only a day is needed to shoot up to 400-lkm of airborne magnetic data, says an industry source, so it is unlikely the contractor will need more than a month for the job. “Aeromagnetic data processing and interpretation can be completed in two months,” we hear.

“It is much faster than conventional seismic acquisition methods.” Separately, Oil India tells PETROWATCH that Polish seismic contractor Geofizyka Torun has begun shooting 3D across RJ-ONN-2005/2, under a $19.75m contract won in February last year.

Other bidders included Shiv Vani and Russian partner Saratoneftgeofizyka quoting $21m; Kazakhstan-headquartered KCS quoting $22m. “Geofizyka has acquired little data yet,” says Oil India, “it has just begun the survey.

” Geofizyka has 16 months from March 2012 to shoot, process and interpret 3D so Oil India can finalise drilling locations for nine exploration wells committed in Phase-I. Oil India (60%) shares the block with BSE-listed Hindustan Oil Exploration Company (20%) and Hindustan Mittal Energy (20%).