Project Summary
Project Summary
Sector Name : PETROLEUM.
Agency Name : OIL & NATURAL GAS CORPORATION LIMITED.
Project Name : HEERA REDEVELOPMENT - PHASE III.

Reported Date : 05-JAN-24

MOU Status : Project Under MOU for 2017-2018

Monthly Report : 12 / 2023

Cost Overrun (%)-   0

Time Overrun (Months)-    21

Total/Pending/Completed Milestone - 6 / 0 / 6

Cost (Rs. in Crores)

OriginalRevisedNow Anticipated
2494.6802494.68

Expenditure (Rs. in Crores)

Cum. till Previous Financial YearCum. in Current Financial Year till last monthExpenditure in current monthCum. Expenditure till now
2270.96210.702481.66

Date of Commissioning (mm/yyyy)

OriginalRevisedAnticipated
3/202212/202312/2023

Current Financial Year Budget (Rs. in Crores)

Budget EstimateRevised Estimate
15.57185.92

Ministry Review Date

LatestLastPhysical Progress (%)Status
31-DEC-23100Completed

Monthly Status

Background Information

Facilities: • NOA for facility package placed on M/s LTHE on 22.06.2019. • Installation of HM and HN well platform completed on 31.03.2021. • HM-HG Bridge installed on 12.04.2021. • Laying and commissioning of all 9 pipelines segments completed. • HM platform Jacket repair work completed on 23.12.2021. • Top side modifications works at Heera and Neelam complexes and at all 07 well head platforms completed. • Installation and commissioning of Main water Injection Pumps (MIP) completed. • Project Facilities package completed on 25.03.2022. Drilling of wells: • Drilling of all 26 wells completed on 31.12.2023. • Production commenced from March’20.

Problems

ProblemStart (mm/yyyy)End (mm/yyyy)StatusAttention RequiredRemarks

Ongoing Milestone

Completed Milestone