Bulletin Updates

L1 shock spread in directional tools hire – 16 Sep 2025

Sep 16, 2025

A deep three-way split defines ONGC Mehsana’s directional tools hire.

L1 undercuts L2 by over a third, even as the scope forces standby, fishing kits and stricter non-retrievable MWD risk.

The commercial shape hints at reliability bets and basin-specific risk pricing that could reset future bids.

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