The contract has been awarded for the appraisal of its Dirok gas discovery onshore on Block AAP-ON-94/1 in the state of Assam India. The contract is for one firm well with a provision for a further two optional wells.
HOEC is a new customer for Rheochem and this contract includes the supply of dewatering equipment. The supply and operation of this equipment represents an extension of Rheochem’s traditional fluid and engineering services.
Haydn Gardner, CEO of Rheochem, said: “This contract follows closely from our recent ONGC contract win and shows that Rheochem continues to gain traction and commercial acceptance in India.
“We believe that India is a very prospective region for the company with approximately 150 oil and gas rigs currently operating there.”
