MEIL-made India’s first indigenous hydraulic rig begins ops
OIL & GAS

MEIL-made India’s first indigenous hydraulic rig begins ops

Hyderabad-based Megha Engineering and Infrastructures Limited (MEIL) achieved a milestone by manufacturing rigs for the oil and gas industry with indigenous know-how. The first of the rigs designed with advanced hydraulic technology began operations in the KLDDX oil well in Kalol oil field near Ahmedabad on Monday.

MEIL secured an order from ONGC in a tendering process in 2019 to manufacture and supply 47 drilling rigs worth Rs 6,000 crore. MEIL has now deployed the first of those rigs of this order in an oil field near Ahmedabad and successfully commenced the operations. The remaining 46 rigs are in various stages of manufacturing. Of these rigs, 20 are work-over rigs, and 27 are land drilling rigs.

The work-over rigs are used to extract the deposits from already drilled oil wells and enhance productivity and repair the well. Ordinary oil rigs do not serve this purpose. The state-of-the-art land drilling rigs drill deep into the layer of earth to existing oil reserves. These rigs can dig to depths between 1,500 m and 6,000 m, as against regular rigs that can dig up to 1,000 m. Twelve of the 20 work-over rigs are automated with a capacity of 50 MT, four are 100 MT capacity, and the remaining four are 150 MT capacity rigs.

Of the 27 land drilling rigs, two are mobile hydraulic rigs with a capacity of 1,500 HP each, while 17 have a capacity each of 1,500 HP AC VFD. The other six rigs are of 2,000 HP capacity each.

Two MEIL-designed rigs, with a capacity of 2,000 HP each, can drill up to 6,000 m. This is the first time rigs with that capability have been produced in India.

The 1,500 HP capacity rigs can easily drill oil wells to a depth of 4,000 m, the company stated. “The rig drills oil wells faster and operates with minimal power, and manufactured with state-of-the-art hydraulic and automated technology,” P Rajesh Reddy, VP, MEIL, told CW. “The rigs can work for the next 40 years.”

Of the 46 rigs currently under manufacturing, two rigs are in the assembly stage in the Rajahmundry oil field in Andhra Pradesh. MEIL will supply the rest to ONGC-related oil fields in Assam, Tripura and Tamil Nadu.

Image courtesy: MEIL

"Join industry leaders at RAHSTA Expo, India's premier platform for roads, highways and traffic infrastructure. Register now to explore innovations, network with experts and shape the future of mobility."

Hyderabad-based Megha Engineering and Infrastructures Limited (MEIL) achieved a milestone by manufacturing rigs for the oil and gas industry with indigenous know-how. The first of the rigs designed with advanced hydraulic technology began operations in the KLDDX oil well in Kalol oil field near Ahmedabad on Monday. MEIL secured an order from ONGC in a tendering process in 2019 to manufacture and supply 47 drilling rigs worth Rs 6,000 crore. MEIL has now deployed the first of those rigs of this order in an oil field near Ahmedabad and successfully commenced the operations. The remaining 46 rigs are in various stages of manufacturing. Of these rigs, 20 are work-over rigs, and 27 are land drilling rigs. The work-over rigs are used to extract the deposits from already drilled oil wells and enhance productivity and repair the well. Ordinary oil rigs do not serve this purpose. The state-of-the-art land drilling rigs drill deep into the layer of earth to existing oil reserves. These rigs can dig to depths between 1,500 m and 6,000 m, as against regular rigs that can dig up to 1,000 m. Twelve of the 20 work-over rigs are automated with a capacity of 50 MT, four are 100 MT capacity, and the remaining four are 150 MT capacity rigs. Of the 27 land drilling rigs, two are mobile hydraulic rigs with a capacity of 1,500 HP each, while 17 have a capacity each of 1,500 HP AC VFD. The other six rigs are of 2,000 HP capacity each. Two MEIL-designed rigs, with a capacity of 2,000 HP each, can drill up to 6,000 m. This is the first time rigs with that capability have been produced in India. The 1,500 HP capacity rigs can easily drill oil wells to a depth of 4,000 m, the company stated. “The rig drills oil wells faster and operates with minimal power, and manufactured with state-of-the-art hydraulic and automated technology,” P Rajesh Reddy, VP, MEIL, told CW. “The rigs can work for the next 40 years.” Of the 46 rigs currently under manufacturing, two rigs are in the assembly stage in the Rajahmundry oil field in Andhra Pradesh. MEIL will supply the rest to ONGC-related oil fields in Assam, Tripura and Tamil Nadu. Image courtesy: MEIL

Next Story
Real Estate

Pecan Realty Completes Rs 1.5 Billion Transactions

Pecan Realty has recently completed four institutional transactions worth over Rs 1.5 billion over the past two years, strengthening its position as an execution-led real estate platform. The deals include resolution-led acquisitions, structured finance transactions and capital partnerships across its development portfolio.The transactions covered acquisitions through the National Company Law Tribunal process and helped provide repayment or exits to both private and public sector lenders. The company said the deals demonstrate its ability to resolve complex project situations, work with instit..

Next Story
Real Estate

SNN Estates Expands North Bengaluru Housing Project

SNN Estates has announced an expansion of its SNN Estates Felicity residential project in North Bengaluru following strong buyer demand, with 75 per cent of the first-phase inventory sold within three days of launch.The developer will add 76 apartments in the new phase, taking the project's estimated revenue potential to around Rs 1,000 crore upon completion of Phase 2.Spread across 6.5 acres in Rachenahalli, near Manyata Tech Park, the project comprises 604 apartments in 1.5, 2, 2.5, 3 and 4 BHK configurations. The development includes a 50,000-sq-ft clubhouse with amenities such as sports co..

Next Story
Infrastructure Urban

SCG Drives ASEAN Industrial Transformation Strategy

SCG is strengthening its focus on ASEAN as a key growth region by advancing industrial transformation, enhancing competitiveness and building resilient regional value chains. Thammasak Sethaudom, President and Chief Executive Officer, SCG, highlighted the need for industries to continuously develop capabilities, strengthen resilience and deepen regional cooperation to achieve sustainable long-term growth.SCG views ASEAN as an important growth engine alongside China, supported by favourable demographics, trade connectivity and investment flows. With ASEAN’s GDP projected to grow by around 4.7..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement