Expression of Interest
Seeking Business Partner for RJ
North Operations
Cairn, Vedanta Oil and Gas
Limited is India's private upstream company is committed to invest $5 Bn in its
brownfield assets with the goal of securing 50% of India's domestic energy
needs and having presence across country with 45 blocks in Onshore, Offshore
and Deepwater.
RJ North is one of the key
producing assets of Cairn, Vedanta. It comprises of three major fields -
Mangala, Bhagyam, Aishwarya and is India's largest onshore discovery (2004).
Operational since 2009, this asset attained a peak production of 200 KBOEPD.
Cairn has almost sulphur free, sweet crude and the asset is currently operating
with world-class infrastructure and reservoirs.
We are looking for a business
partner to share the know-how and manage our fields as we have running asset
and management team. Cairn has huge potential to increase both production and
reserves. We are looking for ~1 billion barrels of probable resources and
reserves. We are looking for a business partner to improve RJ North production
and bring latest technology to improve volume, reserves and optimise costs and
scale up to 100KBOEPD production. The business partner may manage the
activities both on-site and remotely as required.
The selected partner will develop
the overall conceptual design to enhance the production and reserves through
production optimisation, debottlenecking, infill drilling, well interventions,
disciplined reservoir and subsurface management, recovery enhancement, EOR and
growth projects.
Partner may participate
independently or can form a consortium and will have full management support
for successful execution.
-
Safety,
planning and operational governance
-
End-to-end
accountability for RJ North operations - Reservoir, Wells, Facilities and
Terminal.
-
Field
Assessment, Conceptual design & Development to increase R&R
-
Production
and recovery enhancement through latest technologies, EOR techniques, and
full-field development.
-
Production
uplift from 42 to 100 kboepd
-
Quick
Mobilisation of team and other resources
The Ideal Partner
-
Track
record of managing similar asset/s and operations
-
Strong
technical capability and experience in Subsurface/ Drilling /Facilities
/Production /Operations
-
Technology-led
and AI/data-driven approach to Subsurface, production performance & EOR.
Interested partners are invited
to share your credentials through the form provided or by reaching us at ceovogl.outreach@cairnindia.com.
All responses are treated in complete confidence.
Timeline: 14 days from the date
of this notice.
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