Jindal wins Oil India directional drilling job
After Newsco, now another small player Jindal Drilling has defeated big names Schlumberger and Halliburton to win an Oil India directional drilling tender as the junior state-owned explorer steps up work to boost declining production from its north-east fields.
Jindal sources confirm it was awarded the Rs3.68cr ($552,000) directional drilling and tool supply contract on October 26 under an Oil India programme to drill wells in Assam and Arunachal Pradesh. Schlumberger, Halliburton and Newsco were also competing.
Among the items to be mobilised for the six-month contract that runs until June 2017 are Steerable Downhole Positive Displacement Mud Motors, Measurement While Drilling tools, surface equipment and services and drilling jars. Jindal is already working on another drilling contract for Oil India and directional services job for ONGC at its Rajahmundry asset.
"We're lucky to get a good amount of directional drilling work in such a weak and competitive environment," adds Jindal. Earlier Newsco on September 23 beat Schlumberger, Halliburton, Jindal and Almansoori Petroleum Services by quoting a modest Rs39 lakh ($58,300) for services at two Oil India directional wells in Assam and Arunachal Pradesh.
Three years ago Jindal and Newsco won similar contracts from ONGC. Jindal provided Measurement While Drilling tools and Steerable Downhole Positive Displacement Motors for the Rajahmundry asset and the Cauvery basin; Newsco did the same for Tripura.
