Essar Oilfields Services India Limited (EOSIL) has been awarded a one-year, Rs 32-crore contract by ONGC to drill 30 wells at the latter’s coal bed methane (CBM) block in Bokaro, Jharkhand. The Company will be deploying the MR#11 land rig for the job, which is expected to commence in the next few weeks.
EOSIL has three of its land rigs currently in operation. These rigs have been contracted with Oil India and Mercator Petroleum. Its offshore semi-submersible rig, the Essar Wildcat, is also deployed on a three-year Rs 850-crore contract with ONGC since May 2017, making this the Company’s second drilling contract with the state-owned oil & gas exploration and production major.
