HPCL E & P Brochure August 09 vr 4 - Hindustan Petroleum ...

2
HPCL FORAY
INTO E&P BUSINESS contd.
A brief information of E&P blocks acquired by HPCL during
past five years, is as under :-
holds 20% participating interest & balance 80% is with
ONGC as operator.
BLOCKS IN INDIA :
NELP-IV round: Two blocks were awarded during 2004
under NELP-IV in offshore deepwater of Kerala-Konkan
basin (KK-DWN-2002/2 & KK-DWN-2002/3) wherein HPCL
Another NELP-IV block was awarded during 2004 in
Cambay-Gujarat onshore basin (CB-ONN-2002-3) where
HCPL as a consortium partner held 15% participating interest
while M/s GSPC Ltd. as the operator had 55% interest. Other
partners Jubiliant Enpro Pvt. Ltd. and Geo Global Resources
Limited have 20% & 10% interest respectively. Discovery of
oil was reported in 8 exploratory wells.
4
NELP-V round: In 2005 HPCL was awarded one onshore
block under NELP-V round in Assam (AA-ONN-2003-3)
where HPCL as a consortium partner holds 15% participating
interest & balance 85% is with M/s Oil India Ltd. as the operator.
NELP-VI round: HPCL participated in NELP-VI round along
with major operators like: ONGC, OIL, GSPC and GAIL. The
Govt. of India awarded 15 nos. blocks in which HPCL's
participation interest ranges from 10% to 20%.
The 15 blocks include 11 nos. deep-water blocks in KG and
Cauvery basins, 2 nos. shallow-water blocks in Mumbai High
and 2 nos. onshore blocks in Rajasthan in which HPCL's
participation interest ranges from 10% to 20%. The 15 blocks
include 11 nos. deep-water blocks in KG and Cauvery basins,
2 nos. shallow-water blocks in Mumbai High and 2 nos.
onshore blocks in Rajasthan.