Oilex-led Cambay joint venture has secured the Essar Rig 4 for drilling Cambay-77H through Essar Oilfield Services.
Rig 4 is one of several rigs proposed as part of the competitive tendering process conducted by Oilex with support from its joint-venture partner, GSPC.
Rig 4 is currently located in Dubai and arrangements are being made by Essar to mobilise it to the Cambay-77H site. The estimated mobilisation time is 65 to 75 days with an anticipated well spud in mid Q1, 2014.
Cambay-77H is the second horizontal multi-stage fracture stimulated well in Cambay Field and has been designed with a 350m lateral section that will be fracture stimulated in four stages using the ‘plug and perf’ methodology pioneered in North America.
Managing Director Ron Miller said, “Securing a rig for Cambary-77H has been a priority for management and we are delighted to announce that Essar Oilfield Services will be providing Rig 4. We are also very satisfied with the competitive tendering results which are rationalising the costs for Cambay-77H while not compromising recommendations received from independent engineering review of the Cambay-76H well. Rig 4 is an ideal rig for this well and we look forward to its arrival and commencement of drilling operations.”