Petrodril involved in carrying
out assessment of the Ravva field development
opoportunity for Videocon.
Formed a bid consortium by bringing
in an operating company and a financial partner.
Bid submitted in 1993 for the
Videocon - Command Petroleum
PSC signed - October 1994
Offshore installation including
5 platform, pipelines and SBM, as well as onshore
facilities Installed and commissioned - August
1996
First Offshore crude oil loading
- August 1996
Achieved target production of
35000 BOPD in 1997
Ravva oil & gas services
- estimated at time of bidding 100 MMBO , new
approximately 250 MMBO.
Field currently producing 50000
BOPD against a bid target of 35000 BOPD.
Petrodril has continued
to work as advisors on the Ravva field since
1994 and is involved in all Government related
issues, assisting in PSC matters, Managing Partner
& Government Relationships.