Investor Presentaiton
Government Push to boost Oil & Gas Production (2/2)
BLOCK DEAL
37 Total blocks on
THE STORY OF
DOMESTIC
EXPLORATION
AREAS ON OFFER
29,233 sq. km
offer under OALP-II, III OALP-II
31,722 sq. km
OALP-III
32 Number of
blocks allotted
STRIKE IT RICH
Number of blocks
12
8
10
OIL
Vedanta
ONGC
1
1
RIL-BP
IOC
OALP: Open Acreage Licensing Policy; OIL: Oil India; RIL: Reliance
Industries; ONGC: Oil and Natural Gas Corporation; 10C: Indian Oil Corp
Rs 40,000 cr investment expected in OALP-II bid round
In the first round of OALP last year, as much as Rs 60,000 crore was committed in the
exploration of oil and gas in 55 blocks or areas.
25 contract areas offered under DSF II to generate
Rs 45,000 crore: Dharmendra Pradhan
The last date of bid submission under DSF-II has been extended by a month to 18 January this year.
Source: Livemint, Business Standard, Economic Times, Moneycontrol, Business Line
STORY SO FAR
OALP-III
ON OFFER: 23 Blocks spread
over 12 Sedimentary
Basins, 13 States and
offshore areas covering
31,722 Sq km
START OF BIDDING:
February 11, 2019
BID CLOSING: April 11,'19
UNDER DSF-II
25 contract areas cover
59 discovered oil and gas
fields, spread over 3,000
OALP-II
ON OFFER: 14 blocks
spread over seven
sedimentary basins
across four states and
covering 29,233 sq km
START OF BIDDING: January
8, 2019
BID CLOSING: March 12,'19
sq km with prospective
resource base of over
190 million metric
tonne on offer
Asian
Dilfield Services
An Oilmax Company
46View entire presentation