Accelerating Hydrocarbon Drilling

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(FE)

Of late, Indian ONGC Videsh Ltd has agreed to drill two exploratory wells in two separate offshore blocks of Bangladesh in the next drilling season starting from October 2021. Accoding to reports, it is preparing to drill the wells- Titly in shallow sea block SS-04 and Moitree in block SS-04 areas.The Indian oil-gas exploration firm has already completed a portion of geo-hazard survey on the blocks.

Tender will be floated soon to select subcontractors for carrying out the drilling job. Drilling these wells along with Kanchan is mandatory for the firm within its contract period by February 2023. The ONGC had a plan to initiate the drilling of an exploratory well at Kanchan in block SS-04 last year. But the onslaught of the deadly coronavirus pandemic and a row over advance income tax or AIT, demurrage charges to port delayed its previous drilling plan.

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