HELP Hydrocarbon Exploration and Licensing Policy

Tamil Research Institution (TRI)
Synopsis of E&P
Activities till 2015-16
Implementation of NELP and CBM policy in 1997 introduced a new contractual and fiscal model for award of hydrocarbon
acreages. The main objective was to attract significant risk capital from Indian and foreign companies, new geological
concepts, state-of-the-art technologies and best management practices in Indian E&P sector. In March 2016, the policy
regime has transitioned from NELP (Profit sharing) to HELP (Revenue sharing). The gamut of E&P activities carried out so
far under various policy regimes over the years by PSUs, Indian private and Foreign companies have been encapsulated in
this chapter. Also mentioned are the quantum of Oil and Gas discoveries made in India till date and geo-scientific studies
carried out till date by DGH.
5.1 EXPLORATION ACTIVITIES
The company wise exploratory inputs since inception till 2015-16 are as under:
5.1.1 Exploratory efforts by PSUs
Oil PSUs have carried out 1161093.5 Line Kilometre (LKM) of 2D seismic survey, 286928 Sq. Km of 3D seismic survey and
drilled 6501 Exploratory wells since inception as on 31.03.2016. The company-wise details of exploratory efforts in terms
of 2D, 3D seismic and exploratory wells are as under:
Table 5.1 : Exploratory efforts by PSUs since inception (till 2015-16
Sl. No.
Company (Operator)
As on FY 2015-16
2D Seismic (LKM) 3D Seismic (SKM) Exploratory Wells (Nos.)
1 ONGC-Nomination 882324.78 113007 5797
2 Oil India Ltd.-Nomination 73532.6 12480.3 362
3 ONGC- PSC regime 196442.92 141639 226
4 Oil India Ltd. - PSC regime 2022.2 7061 83
5 Bharat Petro Resources Ltd. 10 90.55 2
6 Gujarat State Petroleum Corporation Ltd. 6421 11371 16
7 Indian Oil Corporation Ltd. 0 277 7
8 Gail (India) Limited 0 577 0
9 National Thermal Power Corporation 340 425 8
Grand Total 1161093.5 286928 6501
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Synopsis of E&P Activities till 2015-16
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