#1ओएनजीसी ongc Production Enhancement Opportunities in ONGC Fields ADIPEC 2021 Abu Dhabi November 16, 2021 AHERTY ENERGYANDSCAPES NET 75 आज़ादी का अमृत महोत्सव#2ओएनजीसी P OnGc ONGC Group: Integrated Energy Company 7 आज़ादी का अमृत महोत्सव Upstream Refinery / Petchem VAP LNG Power Renewables Services/ Others 2 36 MMTPA / 60 MMTOE ~ 3,500 KTA 22.5 MMTPA 726 MW 2 325 MW 4.2 MMTPA | हिन्दुस्तान पेट्रोलियम ओएनजीसी ओएनजीसी HP TPC ओएनजीसी PETRONET LNG LIMITED ongc ONGC ONGC-Tripura Power Company (P) Ltd. ongc ओएनजीसी विदेश ONGC VIDESH ongc MRPL ओपी ऐ एल Prize PETROLEUM M Opal ओएमपीएल हिन्दुस्तान पेट्रोलियम HP Pawan Hans Helicopters Limited (A Government of India Enterprise) Petronet MHB Limited DSL Revenue FY'21:~$ 50 Billion OnGc JD AD MSEZ OMPL PAT FY'21:~$ 3 Billion HMEL MRPL ओएमपीएल OMPL Dtbl ONGC TERI Biotech Limited IGGL 2#3ओएनजीसी P ongc Overseas E&P Subsidiaries Refinery ONGC Group: Portfolio Companies | ओएनजीसी OnGc 7 आज़ादी का अमृत महोत्सव sitearsiteit fader हिन्दुस्तान पेट्रोलियम ongc ONGC VIDESH (100%) (54.90%) Pipeline HP Prize PETROLEUM P MRPL Petronet MHB Limited (* 71.63%, ** HPCL: 16.96%) ओएमपीएल (* 49.996%, ** HPCL: 49.996%) Petrochemicals ओ पी ऐ एल A OMPL (MRPL: 100%) * ** Directly; Indirectly through HPCL: Hindustan Petroleum Corporation Ltd. MRPL: Mangalore Refinery & Petrochemicals Ltd. OPAL: ONGC Petro-additions Ltd. OMPL: ONGC Managlore Petrochemicals Ltd. OTPC: ONGC Tripura Power Company Ltd. OTBL: ONGC TERI Biotech Ltd. OPAL (49.36%) Joint Ventures Power TPC ONGC-Tripura Power Company (P) Ltd. (50%) Services Dtbl ONGC TERI Biotach Limited (49.98%) SEZ Associates LNG PETRONET LNG LIMITED (12.5%) Logistics Pawan Hans Helicopters Limited (A Government of India Enterprise) (49%) (50%) Rohini Heliport Pvt. Ltd. (49%) DSL MSEZ MSEZ: Mangalore SEZ Ltd. DSL: Dahej SEZ Ltd. PLL: Petronet LNG Ltd. (26%) Pipeline PHL: Pawan Hans Ltd. (20%) IGGL#4ओएनजीसी P ongc ONGC: Competitive Advantage to be a Preferred Partner Producing 76% of India's domestic oil & gas Total Reserves of MMTOE In-place 9245 241 Fields (Offshore & Onshore) Attractive & flexible options of Partnership in E&P Opportunities in India 200 FT AAA PAKISTAN KUTCH RAJASTHAN SAURASHTRA CAMBAY KAREWA SPITI ZANSKAR VINDHYAN MARMARA DECCAN SYNECLISE BOMBAY OFFSHORE KORI-KONKAN DEEP OFFSHORE 00 BIAMA-KALAD KERALA KONKAN LAKSHADWEEP GANGA CHINA NEPAL BHUTAN ASSAM SHELF BANGLADESH SOUTH REWR99 DAMODAR SATPUPA BENGAL CHATTIS GARK CUDDAPAH ASSAM-ARAKAN FOLD BELT MSIN КРАМИ ТА ПОСИМ BAY OF BENGAL SRI LANKA 85°E DEEP OFFSHORE MYANMAR NARCONDAM DEEP OFFSHORE FAAMAN PAY FT ጸጸጸ 7 आज़ादी अमृत महोत्सव Global Experience in E&P Partnerships. In-house capabilities across the E&P Chain with World Class Institutes Robust Support Government Ethics & Sustainability the core values#5ओएनजीसी P ongc Knowledge accreted through 6 decades of E&P in Indian Basins with rich repository of data Plans in Place for : • 9000 LKM of 2D Data Exploration Thrust 125,000 SKM operational acreage Plans to quadruple acreage to 500,000 SKM OALP about through • 340,00 SKM of 3D High Quality Seismic • Drilling of about 550 Exploratory Wells besides 5 new Basin Opening wells • Exploration Expenditure of about US $6 Billion 7 आज़ादी का अमृत महोत्सव Open to jointly bid or any other mode of partnership in all three i.e. Cat-I, Cat-ll and Cat-III type basins#6ओएनजीसी ongc ONGC: Attractive Options of Collaborations 7 आज़ादी का अमृत महोत्सव 食 Collaboration for Exploration Outreach Partners for HP-HT & Difficult Plays Bid-out Marginal fields PEC for Other Fields TSM for Mature Fields Consolidating International Footprints#7ओएनजीसी P ONGC Innovative Partnerships for Production Enhancement का आज़ादी अमृत महोत्सव Investment Opportunities in Producing Fields ONGC seeks partner for enhancement of production through 1 2 3 Bid out for Marginal Nomination Fields Production Enhancement Contract (PEC) for other Producing Fields Technical Services Model (TSM) for Mature Fields Key Objectives Maximizing Recovery Maximizing the Recovery through augmentation of reserves and production New Technology Infusion of New and Innovative E&P Technologies New Entrants Encourage Entry of New Companies into Indian E&P Ecosystem#8ओएनजीसी 1. Bid out Marginal Nomination Fields (1/3) OnGc Glimpse of Marginal Nomination Fields (MNF) with 43 Fields across 11 Contract Areas on Offer under bid round-II 1 - Ahmedabad Contract Areas: 2 Fields: 5 O+OEG in-place: 31.63 MMTOE 2 - Mehsana Contract Areas: 1 Fields: 3 O+OEG in-place: 20.16 MMTOE 3 - Ankleshwar Contract Areas: 2 Fields: 13 O+OEG in-place: 32.9 MMTOE 3 7 - Cauvery Contract Areas: 3 Fields: 9 7 O+OEG in-place: 23.48 MMTOE Total O+OEG in-place volume 160 MMTOE आज़ादी का अमृत महोत्सव 4 - Assam Contract Areas: 1 Fields: 4 O+OEG in-place: 29.6 MMTOE 43 Fields across 7 Onshore Assets in 4 States of India 5 4 6 - Rajahmundry Contract Areas: 1 Fields: 8 O+OEG in-place: 20.96 MMTOE 5 - Silchar Contract Areas: 1 Fields: 1 O+OEG in-place: 1 MMTOE Map indicative only Current Production 2021-22 Oil -480 TPD Gas 0.72 MMSCMD#9ओएनजीसी P OnGc 1. Bid out Marginal Nomination Fields (2/3) Key Enabling Features of MNF PEC Business Model A Safe and Valuable Investment Opportunity Easy to administer Revenue Sharing Model based Contract Expenditure incurred by NOC not to be reimbursed by Contractor Complete marketing and pricing freedom for sale of Oil and Gas 10% Reduction in Royalty Rate for incremental gas production Exploration allowed during entire Contract Incentive for achieving Participation from Period (all kinds of hydrocarbons) foreign companies and production higher than committed Incremental joint ventures allowed Production 題 Investor friendly opportunity in producing fields based on "Revenue Sharing contract" with improved "Ease of Administration" आज़ादी का अमृत महोत्सव#10ओएनजीसी ongc 1. Bid out Marginal Nomination Fields (3/3) Bid Qualification Criteria for MNF Production Enhancement Contract (PEC) Bidding Entity Indian or Foreign Company Individually or in consortium (each member company with at least 26% interest) All member companies to be jointly and severally liable • • का आज़ादी अमृत महोत्सव Financial Criteria Net worth of the bidding company (all member companies of consortium in case of consortium) should be a positive number (and non-zero) as on 31st March 2021 or 31st December 2020, as may be applicable Audited Annual Accounts for the latest completed year and certificate of net-worth by statutory auditor to be submitted Bid Bond of INR 10,00,000 (or USD 13,500) per Contract Area Technical Qualification Criteria Bidder shall meet either Criteria 1 Or Criteria 2 to qualify technically Technical Criteria 1 Technical Criteria 2 Bidding company should have experience in exploration or development or production of hydrocarbons in last 5 (five) years as on 31st March 2021 OR Bidding company should have technically qualified personnel with at least 10 years of work experience on its rolls at the time of bid submission, in any three distinct areas out of the six areas indicated in the NIO (i.e. Drilling & Completion, Field operation/ production, HSE, Reservoir Management, G&G activities or senior management experience in E&P company)#11ओएनजीसी OnGc 2. PEC for Other Producing Fields (1/4) Glimpse of 6 Other Producing Fields to be offered 1 - Ahmedabad Field: Viraj O+OEG in-place: 10.05 MMTOE 2- Mehsana Field: Lanwa O+OEG in-place: 25.38 MMTOE 3- Ankleshwar Field: Gandhar O+OEG in-place: 241.06 MMTOE 3 Map indicative only Total O+OEG in-place volume 536 MMTOE 5 LO 4 - Assam आज़ादी का अमृत महोत्सव Field: Geleki O+OEG in-place: 216.34 MMTOE 6 Fields across 6 Onshore Assets in 4 States of India 4 5- Rajahmundry Field: Malleswaram O+OEG in-place: 27.30 MMTOE 6 - Cauvery Field: Periyakudi O+OEG in-place: 15.83 MMTOE Current Production 2021-22 (H1) Oil 16330 BOPD Gas 1.57 MMSCMD#12ओएनजीसी ONGC 2. PEC for Other Producing Fields (2/4) Business Model for the Other Producing Fields Monthly Fees in the form of Share of Revenue from Incremental Production PML Holder ONGC Crude Oil / Natural Gas Production Contract Area Crude Oil and Natural Gas as marketed by ONGC आज़ादी का अमृत महोत्सव Revenue realization from Sales of Crude Oil and Natural Gas Buyer (Crude Oil or Natural Gas) Bidder 1 Incentive / Penalty based on performance Bidder 2 As is Where basis 'Hand Over' Field Development, Technology Infusion, Infrastructure creation for Maintaining Baseline Production & Generating Incremental Production Contractor selected from bidders based on Contractor • Quoted Incremental Production; Share of Incremental Revenue Bidder n#13ओएनजीसी 2. PEC for Other Producing Fields (3/4) OnGc Bid Qualification Criteria for Other Producing Fields Production Enhancement Contract (PEC) Participation Rules Financial Qualification Criteria Either I Criteria B Criteria A का आज़ादी अमृत महोत्सव Bidder could be company individually or in in association with other companies, through a consortium or an incorporated joint venture In case of consortium, each member should equal to or more than 26% of equity in the consortium. All consortium members shall be jointly and severally liable The average global turnover of the bidding company (individually or collectively in case of bidding consortium) for the closed preceding two business years must be at least 50% of annualized bid value (based on baseline production indicated in the NIO). AND The net worth of the bidding company (individually or collectively in case of bidding consortium) should be at least 15% of annualized bid value ((based on baseline production indicated in the NIO) as on 31st March 2021 (FY ending March) or 31st December 2020 (FY ending December) as may be applicable. Also, each member company of the consortium should have non-zero positive net worth as on closing of the financial year. OR If unable to meet 'A', then the bidding company (individually or collectively in case of bidding consortium) should have minimum net worth of USD 1 million {as on 31st March 2021 (FY ending March) or 31st December 2020 (FY ending December) as may be applicable} and should be able to demonstrate unconditional access to financial resources/capital of minimum 50% of annualized bid value (based on baseline production indicated in the NIO) for the period of at least 3 years starting from the date of contract signing.#14ओएनजीसी 2. PEC for Other Producing Fields (4/4) OnGc Bid Qualification Criteria for Other Producing Fields Production Enhancement Contract (PEC) Technical Qualification Criteria Both Criteria B Criteria A का आज़ादी अमृत महोत्सव At least 5 years of experience of operatorship for oil & gas field in the last 10 (ten) years as on 31st March 2021, with a minimum average annual production of at least Threshold* O+OEG Production in any of the last 10 (ten) years OR At least 3 years of experience of executing a production enhancement contract in oil and gas field in the last 10 (ten) years as on 31st March 2021, with a minimum average annual production of at least Threshold* O+OEG Production in any of the last 10 (ten) years AND Minimum 10 (Ten) technically qualified personnel with at least 10 years of work experience on its rolls at the time of bid submission, in five areas i.e., Drilling and Completion of hydrocarbon wells, hydrocarbon field operations/ production, Health, Safety & Environment of hydrocarbon field, Reservoir or Petroleum engineering / management and Geology & Geophysics (G&G) activities with at least one qualified personnel in each of the above five areas. *Threshold O+OEG Production" means 60% of the O+OEG baseline field production as indicated in the bid document for financial year 2020-21.#15ओएनजीसी 3. Technical Services Model OnGc Key Considerations for Technical Services Model Kalol Field (Ahmedabad) In-place Oil: 154 MMT TSM Model for improving HF techniques Technical Services Model (TSM) आज़ादी का अमृत महोत्सव Nawagam Field (Ahmedabad) In-place Oil: 60 MMT TSM Model for integrating HF Scope of Work inline with the specific field requirements for production enhancement. Some of the required technical services (but not limited to) may include Integrated Hydrofracking, Drilling services, logging, cementing, well testing, artificial lift, completions, EOR techniques, modelling & simulation, etc. Scope of Work Contract duration typically for 1-2 years with an option for extension Contract Duration Fee Structure Fee Structure options include ■ Fixed Monthly Fee or ■Combination of Lumpsum Fee and Variable Rates Contract Template Existing ONGC service contract template may be suitably adapted for the Technical Service required for the fields under consideration KPI & Service Level Key Performance Indicators and Service Levels defined for the field requirements based on the nature of service#16ओएनजीसी OnGc Bidder Facilitation आज़ादी का अमृत महोत्सव ONGC E-Procurement Portal E-Portal: • https://etender.ongc.co.in/irj/portal Easy Bidding Process Notice Inviting Offers (NIO) and Model Production Enhancement Contract (MPEC) available on portal Geographical location of Contract Areas on map of India Bid format, terms and conditions For further information: Corporate Website: www.ongcindia.com Office of Chief - P&D Directorate Green Hills, ONGC, Dehradun-248003, India chief_p&[email protected] Data Availability • Field Information Docket • Information on regional and local geology, concerned fields description, hydrocarbon discovery, Reserves (In-place and Ultimate) • Data Package in digital mode comprising seismic data, navigation data and well-log data, well completion reports, etc. • Availability of Data Viewing facility at Institute of Reservoir Studies (IRS), ONGC, Ahmedabad • Provision to visit fields and related facilities of the contract areas/Fields on offer#17Thank You ओएनजीसी 15 ongc आज़ादी का अमृत महोत्सव Oil and Natural Gas Corporation Ltd. www.ongcindia.com Deendayal Urja Bhawan, Vasant Kunj, New Delhi - 110070