Oilex Ltd is pleased to announce that all the drilling services tenders have now been evaluated and successful contractors are preparing to mobilise.
Assembly of the Essar LR-4 rig has commenced and components continue to arrive from Mumbai. The estimated spud date window is 22 February to 9 March 2014.
The Cambay-77H well will evaluate the production potential of the extensive Eocene "tight" Y Zone reservoir that extends across the 161 km2 Cambay PSC contract area. The well, which includes a 350 metre lateral section with 8 fracture stimulations to test the deliverability of the Y zone. Services associated with fracture stimulation and production testing are currently being finalised.