PMT consortium drills four wells without â€کcost recovery'

Vol 12, PW 16 (15 Jan 09) Exploration & Production

Most contractors would expect to get â€کcost-recovery’ as a matter of course for wells they drill. But not the Panna, Mukta and Tapti consortium of BG (30%), ONGC (40%) and Reliance (30%), which is drilling four development wells with no cost recovery....

India Refining Summit