Oil India worries NADRA will win Mizoram 3D

Vol 18, PW 1 (28 Aug 14) News in Brief
     

Oil India doubts the technical competence of Ukrainian seismic firm NADRA, which looks set to win its tender to process and interpret 450-sq km 3D at onland Mizoram block MZ-ONN-2004/1.

Oil India received only two bids on July 30 from CGG and NADRA. “We must award the contract to the lowest bidder,” says a senior Oil India source.

“But we know the best contractor is CGG.” Oil India should open price bids in two weeks.

NADRA formed an Indian JV in 2008 with Delhi-based MDL Energy but for this tender it is bidding alone. Russia’s Geologia Reservuara originally won this contract but later backed out.

Oil India spud its first well, Aibawk-I, at the 3213-sq km NELP-VI block on July 7. By August 22 drilling had reached 330 metres depth and Oil India expects to reach TD of 4500 metres by January 2015.

OIL (85% and operator) and Shiv Vani (15%) believe the block potentially holds between seven and 80-tcf in-place gas.