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GE Technology Comes to India’s High-Pressure, High-Temperature Drilling Sector - GE Oil & Gas (NYSE: GE) will supply HPHT technology to Cairn India for the further development of the Ravva oil and gas field off the coast of Andhra Pradesh in eastern India
GE Technology Comes to India’s High-Pressure, High-Temperature Drilling Sector

 

PRZOOM - /newswire/ - Florence, Italy, 2013/01/28 - GE Oil & Gas (NYSE: GE) will supply HPHT technology to Cairn India for the further development of the Ravva oil and gas field off the coast of Andhra Pradesh in eastern India. NYSE: GE

   
 
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• Cairn India Selects GE HPHT Wellheads for Ravva Oil Field Expansion;
• Project Reinforces GE Leadership in HPHT Technology;
• GE Poised to Help Customers Meet India’s Growing Energy Demands.

Marking its debut in India’s high-pressure, high-temperature (HPHT) drilling and production sector, GE Oil & Gas (NYSE: GE) will supply HPHT technology to Cairn India for the further development of the Ravva oil and gas field off the coast of Andhra Pradesh in eastern India. The milestone equipment and services contract was announced today at the GE Oil & Gas 2013 Annual Meeting in Florence.

GE will provide HPHT exploration wellheads, mudline systems, spare units and services for the project, which supports Cairn India’s continuing exploration and development of the prolific Ravva field, which has produced more than 251 million barrels of crude and sold 314 billion cubic feet of gas. Cairn is the operator of the field, which has been developed in partnership with ONGC, Videocon and Ravva oil.

“The success of the Ravva oil field demonstrates how technology can play a central role in accessing new reserves and help reduce oil imports in the country,” said Dr. Sunil Bharati, head corporate affairs and spokesperson, Cairn India Ltd. “We see HPHT technology as a key for the next stage of development, and reliable, proven HTHP technology is of paramount importance to the success of the project and to the safety of drilling the well.”

“This is an important milestone for our business in India, where we see significant opportunities in the rapidly expanding oil and gas sector, which is vital to India’s continuing economic growth,” said Mrinal Vohra, CEO, GE Oil & Gas in India. With our proven technology and our global experience and expertise in the HPHT sector as well as the overall oil and gas industry, we are well positioned to help our customers meet India’s growing energy requirements.”

GE previously has supplied similar HPHT solutions for drilling projects offshore Vietnam and Malaysia. “Because of these experiences, we are able to offer a field-proven, technologically advanced system for the Ravva project,” said Ian Milne, general manager of GE Oil & Gas’ pressure control business. “We were able to replicate the lessons learned from our earlier projects from a delivery and sourcing standpoint while meeting Cairn India’s stringent technical requirements.”

The scope of GE’s supply includes field-proven and API 6A-qualified HPHT wellheads capable of operating at 15,000 psi and 350oF temperature with metal sealing technology, coupled with a mudline system. This allows metal sealing pack-off and cementing the casing before proceeding to the next stage of drilling, a major advantage from a well control perspective.

About GE
GE (ge.com) works on things that matter. The best people and the best technologies taking on the toughest challenges. Finding solutions in energy, health and home, transportation and finance. Building, powering, moving and curing the world. Not just imagining. Doing. GE works.

About GE Oil & Gas
GE Oil & Gas is a world leader in advanced technologies and services with 37,000 employees in more than 100 countries supporting customers across the industry from extraction to transportation to end use. Making the environment, health and safety, quality and integrity our highest priorities is The Way We Work. Our technologies and services include: surface and subsea drilling and production, monitoring and diagnostics, measurement and controls, large-scale LNG, pipeline compression and inspection, well site and industrial power generation, technologies for the refining and petrochemical industries, and modular CNG and LNG units for transportation sectors. Through our customized service solutions, training programs and technologies, GE Oil & Gas partners with customers to maximize their efficiency, productivity and equipment reliability; develop their next generation workforce; and fully benefit from the megatrends of natural gas, the growth of subsea and hard-to-reach reserves and the revolution in asset health management.

About Cairn India
Cairn India (cairnindia.com / cairnlanka.com) is one of the largest independent oil and gas exploration and production companies in India with a market capitalisation of ~ US$12 billion. It was adjudged the fastest-growing energy company in the world in 2012, by the Platts.

Cairn India through its affiliates is operating for more than 15 years and has played an active role in developing India’s oil and gas resources. To date, Cairn India has opened three frontier basins with over 40 discoveries; 25 in Rajasthan alone, with over 1 billion barrels of reserves/resources base.

Cairn India has a portfolio of 10 blocks one block in Rajasthan, two on the west coast and five on the east coast of India and one each in Sri Lanka and South Africa (subject to South African regulatory approvals). Cairn India produces oil and gas from three assets in India.

Contacts

GE news, Masto Public Relations - E: information[.]mastopr.com.

Kristin Schwarz*, GE Oil & Gas - Drilling & Surface
P: +1 713 458 3934 / M: +1 713 805 3635 - E: kristin.schwarz[.]ge.com.

Ken Darling, Masto Public Relations
P: +1 518 786 6488 - E: kenneth.darling[.]ge.com.

Kate Culman, Masto Public Relations
P: +1 518 786 6488 - E: kate.culman[.]mastopr.com.

 
 
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GE Technology Comes to India’s High-Pressure, High-Temperature Drilling Sector

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