ONGC invites EOI from Global Oil & Gas companies with requisite technical & financial strength to carry out production enhancement from mature fields

EOI Document No.: DDN/ P&DD/PEC-Mature fields/Onshore/2020

EOI Issuance Date: 27th October, 2020

Last Date for Submission: 1st December, 2020

Oil and Natural Gas Corporation Limited P&D Dte, Green Hills, A-Wing, Dehradun – 248003, India

Salient features & Objective

• ONGC intends to undertake production enhancement from its onshore mature fields under “Production Enhancement Contract (PEC)” with suitable oil & gas companies of global repute who have technical expertise, financial capability and resources to increase production by improving the recovery from such fields.
• Duration of the PEC will be 15 years or more.
• Companies will be required to commit investment in CAPEX and OPEX to increase production from the existing production by introduction of new technologies etc.
• Interested companies must demonstrate integrated capabilities across the entire value chain as well as experience of successfully executing such type of contracts.

The objectives of this EOI are as follows:

• Assess the interest level of potential partners (E&P companies, Service Providers & Technology Players) to participate in production enhancement contract for different onshore fields of ONGC.
• Understand relevant expertise/ experience/ financial & technical capability of interested companies.

Seek views and suggestions on possible business model for PEC (including major terms and conditions of the contract) and qualification criteria/ selection methodology. The information gained from this EOI will help ONGC define the major terms and conditions and availability of interested partners prior to the release of any formal tendering process on subject matter.

Broad scope of work:

The scope of work includes but not limited to following:

G&G including reservoir modelling - Analyse field characteristics and production efforts so far carried out by ONGC, including review of reservoir models and identification of areas for improving the reservoir model(s) for implementation of the objective

Resource & Reserves assessment of the field.

Integrated Asset development for production enhancement for improvement in recovery factor of the field.

• Reservoir health management in line with GIPIP (Good International Petroleum Industry Practices).
• Surface facility Optimization/ creation of new facilities.
• Induction of new technology / IOR/EOR planning and execution.
• Statutory clearance of identified locations including LAQ.
• Application of best practices of Health Safety and environment in Upstream.
• Production co-management through asset management services.
• Any other activity for reservoir health and production improvement For all the above activities, the interested companies will be required to invest CAPEX and OPEX for execution of the development plans to achieve production enhancement.

Interested companies to submit the above information sought on or before ……. through hard copy to: Mr. Chandra Shekhar, Chief P&D Dte, ONGC, P&D Dte, Green Hills, A-Wing, Dehradun – 248003, India. T: +91-135-2792900 or e-mail to directorate_p&d@ongc.co.in