Alphageo to begin seismic for Omkar in Gujarat
Alphageo is set to begin shooting seismic data for Omkar Natural Resources at its 83-sq km Cambay onland block CB-ONN-2005/5 in Gujarat.
On May 19, Alphageo announced it had won a contract worth Rs6.28cr ($1m) excluding taxes and duties to shoot 83-sq km 3D and 350-lkm 2D. "We've already mobilised crew and equipment to the site," says a company source.
"We'll begin shooting seismic soon." Alphageo is likely to take six months to complete the job.
However its work will soon be interrupted by the monsoon season, which begins in mid-June and ends in September. "But the met department predicts the rains will be delayed," adds Alphageo.
After shooting the 2D and 3D, Alphageo will process the data, which should take another three months. "Our in-house team will interpret the data," says a senior Omkar manager.
"Interpreting data will be completed only by end-2014." Omkar, he adds, hopes to finalise locations for four Phase-I committed exploration wells by December 2014.
"We'll issue a tender to hire a rig after the locations are finalised," we learn. Omkar will decide what capacity drilling rig is required after deciding what geological formation to target at the proposed wells, and how deep the wells should be.
Asian Oilfield Services and Shiv Vani had also bid for the job.
