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Jun 2015
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Details8The estimated drilling period of each well is about 35-75 days depending upon the drill depth.
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Details
The state-of-the-art Japanese vessel -- dubbed Chikyu -- hired for exploring gas hydrates in India has been put into operation in the high sea off Visakhapatnam coast.--Cumulatively, sales for the April-May 2015, period, stood at 2302.2 TMT, registering a growth of 11.8% from 2058.7 TMT witnessed during the same period in the previous year.
Details8Naphtha
--Offtake of naphtha by fertilizer, petrochemicals and power companies during May 2015 was 1220.7 TMT, as compared to 1011.0 TMT in the corresponding month of the previous year.
--Cumulatively, sales registered a growth of 15.7% to 2176.7 TMT as against sales of 1881.5 TMT during same period in 2014.
--The main reason for high growth during the month was higher offtake by petrochemical industries. Petrochemical sector registered growth due to increased demand by RIL, IOC, ONGC and APCL`s petrochemical plants.
--Also, there was a minor increase in consumption by power sector units, mainly that of RIL and BSES Ernakulum.
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