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HELP Hydrocarbon Exploration and Licensing Policy

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Tamil Research Institution (TRI)<br />

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

The trend of Ultimate Reserves of crude oil <strong>and</strong> natural gas (O+OEG) under the PSC regime in major basins from 01.04.2008<br />

to 01.04.2016 is highlighted in the graphs below.<br />

Ultimate Reserves<br />

Trend under PSC regime<br />

1200<br />

0.45<br />

1000<br />

800<br />

29%<br />

36%<br />

40%<br />

0.4<br />

0.35<br />

0.3<br />

600<br />

400<br />

16%<br />

20%<br />

21%<br />

0.25<br />

0.2<br />

0.15<br />

200<br />

0<br />

1%<br />

10%<br />

0.1<br />

0.05<br />

0<br />

Gas (BCM) OIL+COND (MMT) %Growth with Base Year 2008<br />

Fig. 6.2<br />

Table 6.5 : Ultimate Reserves trend under PSC regime<br />

Ultimate as on 01.04.2016<br />

As on OIL+COND (MMT) Gas (BCM) O + OEG (MMT)<br />

% Growth with Base<br />

Year 2008<br />

01.04.2008 172 551 723 -<br />

01.04.2009 178 550 728 1%<br />

01.04.2010 194 601 795 10%<br />

01.04.2011 195 641 836 16%<br />

01.04.2012 195 677 871 20%<br />

01.04.2013 197 680 877 21%<br />

01.04.2014 215 716 930 29%<br />

01.04.2015 215 767 983 36%<br />

01.04.2016 225 786 1011 40%<br />

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