Ravva Oil & Gas field

  • 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.

 

 

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