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Tamil Research Institution (TRI)<br />

India's <strong>Hydrocarbon</strong> Outlook : 2015-16<br />

I. Nomination Basis:<br />

II.<br />

Till the end of 1970s, Indian E&P industry was dominated by the two National Oil Companies (NOCs) - ONGC <strong>and</strong><br />

OIL to whom PELs were granted on nomination basis. <strong>Exploration</strong> was primarily confined to onl<strong>and</strong> <strong>and</strong> shallow<br />

offshore.<br />

Pre-NELP <strong>Exploration</strong> Blocks:<br />

28 <strong>Exploration</strong> blocks were awarded to private companies between 1980 <strong>and</strong> prior to implementation of NELP where<br />

ONGC <strong>and</strong> OIL have the rights for participation in the blocks after hydrocarbon discoveries.<br />

Table 2.2 : Brief details of the Pre-NELP <strong>Exploration</strong> blocks:<br />

PRE-NELP<br />

Year Rounds Description<br />

1980 1 st <strong>Exploration</strong> round PSC signed with Chevron, USA <strong>and</strong> 3 wells were drilled<br />

without success, block area was relinquished in 1985<br />

Contracts signed<br />

Offshore Onshore Total<br />

1 0 1<br />

1982 2 nd <strong>Exploration</strong> round No PSC signed 0 0 0<br />

1986 3 rd <strong>Exploration</strong> round - 0 0 0<br />

1991 4 th <strong>Exploration</strong> round - 2 3 5<br />

1992 - First development round - - -<br />

1993 5 th <strong>Exploration</strong> round Second development round 4 2 6<br />

- 6 th <strong>Exploration</strong> round First speculative survey round 2 3 5<br />

1994 7 th <strong>Exploration</strong> round - 2 3 5<br />

- 8 th <strong>Exploration</strong> round Second speculative survey round 1 3 4<br />

1995 9 th <strong>Exploration</strong> round Joint Venture Speculative Survey Round (JVSSR) 1 1 2<br />

TOTAL 13 15 28<br />

In 1993, GoI offered blocks for geophysical <strong>and</strong> other surveys to update the information on hydrocarbon potential of India’s<br />

unexplored sedimentary basins. Once the surveys on these blocks were completed, they were to be offered in subsequent<br />

rounds of exploration. The Second speculative survey round was launched in 1994 <strong>and</strong> the third round in 1995. The third<br />

round was called as Joint Venture Speculative Survey Round (JVSSR) with a provision of risk participation/cost sharing<br />

by DGH up to 50%.<br />

III.<br />

Pre-NELP Discovered Field or Development Rounds:<br />

Government offered Petroleum Mining Lease (PML) of small/medium sized discovered fields (proven reserves were<br />

discovered by ONGC <strong>and</strong> OIL) to the private sector in August 1992. Production Sharing Contracts (PSCs) awarded during<br />

1991-1993 had the distinctive feature of operators as private companies with ONGC/OIL as having participating interest.<br />

These rounds received overwhelming response from various private E&P operators.<br />

Table 2.3 : Pre-NELP Discovered Field or Development Rounds<br />

Month/Year of<br />

award<br />

Round<br />

Blocks offered in Medium sized<br />

field Round<br />

Blocks offered in Small sized field<br />

Round<br />

Offshore Onshore Offshore Onshore<br />

Contracts<br />

signed<br />

August 1992 1 6 6 10 21 18<br />

October 1993 2 2 6 4 29 10<br />

Total Contracts signed: 28<br />

www.tamilri.com<br />

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