Megha Engineering and Infrastructure Ltd. (MEIL), which has won the order from the State-owned ONGC to supply 47 oil and gas rigs, expects to have 15 rigs operational by the end of May this year.
K. Satyanarayana, Chief Engineer (Rigs Project) at infrastructure company MEIL, said that most of those 15 rigs have been delivered to their respective sites and the process of their implementation will begin soon. “We had received orders from ONGC for 47 rigs, including 20 workover rigs and 27 land rigs. By the end of May this year, we will be able to put 15 systems into operation in the first phase. Of these, 10 are drill rigs while five will be workover rigs.
He said the capacity of 20 workover rigs is 50-150 tons, while the capacity of land drilling rigs is 1500-2000 horsepower. The drilling rig works with the world’s first automatic hydraulic system of its kind.
To date, MEIL has delivered 10 drill rigs, three of which have already been commissioned, while seven rigs are in the installation and commissioning phase. These will also come on stream in various ONGC oil fields over the next four to five weeks.
Satyanarayana also said the second shipment of 6 out of 47 drill rigs will also be sent to ONGC on time. MEIL will supply these drilling rigs to ONGC’s facilities at Sivasagar in Assam, Rajahmundry in Andhra Pradesh, Ahmedabad, Ankleshwar, Mehsana and Kambe in Gujarat, Agartala in Tripura and Karaikal in Tamil Nadu.
MEIL manufactures the world’s highest capacity drilling rigs for ONGC, which is engaged in oil and gas exploration. The entire system is manufactured by MEIL in India using indigenous technology that meets American Petroleum Institute (API) standards.