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Definitional Mission Report Petroleum Project for Oil India, Limited India. Volume 1.

机译:定义任务报告石油项目印度石油有限公司印度。第1卷。

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The U.S. Trade and Development Program (TDP) contracted for a definitional mission team to evaluate the desirability of TDP funding a feasibility study to assist Oil India Limited (OIL) in implementing its petroleum sector activities in India. The study would collect seismic data in an area of the geologically complex Ganga Basin in the Central Himalayan Plain using a high-resolution seismic acquisition system. Because of the complex geologic setting of the area proposed for the study, traditional seismic surveys will not yield accurate enough results for OIL to attract potential investors/lenders with any degree of confidence. Accordingly, there is a need to utilize the technology invented and developed by Geophysical Systems which provides high-resolution seismic data that more accurately targets potential hydrocarbon traps for exploration drilling. Geophysical Systems is the only U.S. firm which has a proprietary and patented technology to conduct such high-resolution seismic surveys. Moreover, to our knowledge, there are worldwide no other systems available with comparable accuracy. Traditionally, the U.S. share of India's imports to the petroleum sector has been in excess of 80% and is expected to continue to grow. In view of (1) the importance of the study to OIL and the Government of India, and (2) the significant opportunity it presents for the involvement of U.S. industry in projects resulting from the study, the contractor recommends that TDP provide a grant to OIL to finance the foreign exchange component of the proposed study.

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