Enhancing Production and Offtake Arrangements
Milestones in the Oil and Gas Industry
State Monopoly
Acreages awarded
to NOCs on
Nomination Basis
Liberalization of E&P Sector with
9 NELP rounds. 254 exploratory
blocks through competitive bidding
H❤EC
Discovered Small
Field Policy
- Discovered Small Field Bid Round II
- Policy permitting exploration & exploitation
of unconventional hydrocarbons
- Policy for incentivizing enhanced recovery
1948
1991
1997-2009
2014
2015
2016-2017
2018
2019
Beginning of de-regulation
28 producing fields and 28
exploratory blocks
awarded including private
players
New Domestic
Natural Gas Pricing
Guidelines
- Discovered Small Field bid round 2016
-
HELP
Nomination Era
Pre-NELP PSCs
NELP
- Operationalization of NDR
- OALP
- Revenue Sharing Model
- OALP Bid Round II
and III
- Reforms in
Exploration Policy
RSC (HELP and DSF)
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