When was New Exploration Licensing Policy (NELP) launched?

Government of India approved the New Exploration & Licensing Policy (NELP) in1997 and it became effective in February, 1999 Since then licenses for exploration are being awarded only through a competitive bidding system and National Oil Companies (NOCs) are required to compete on an equal footing with Indian and foreign companies to secure Petroleum Exploration Licences (PELs). Seven rounds of bids have so far been invited under NELP, in which, 206 exploration blocks have been awarded. In addition, 28 exploration blocks were signed prior to NELP. Under NELP, 68 oil and gas discoveries have already been made in Cambay onland, North East Coast and Krishna-Godavari deepwater areas, for which, development plans by the operators, viz., Cairn, RIL and Niko are in progress. First crude oil production from deepwater in KG basin has commenced at the rate of 10,000 barrels of oil per day w.e.f l7th September 2008. Natural gas production from KG basin is likely to commence in 2009. With Exploration and development efforts made under NELP, Natural Gas production in the country is likely to be doubled from the present level of gas production of about 90 million standard cubic metres per day (MSCMD) by end of l1th Five Year Plan.

What are the main terms and conditions of NELP?

The main features of NELP are as under: i) ii) iii) No mandatory state participation through ONGC/OIL or any carried interest of the Government. Blocks to be awarded through open international competitive bidding. ONGC and OIL to compete for obtaining the petroleum exploration licenses on a competitive basis instead of the existing system of granting them PELs on nomination basis. ONGC and OIL to get the same fiscal and contract terms as private companies. Freedom to the contractors for marketing of crude oil and gas in the domestic market. Royalty at the rate of 12.5% for the onland areas and 10% for offshore areas. Half of the royalty from the offshore area to be credited to a hydrocarbon development fund to promote and fund exploration related activities, such as acquisition of geological data on poorly explored basins, promotion of investment opportunities in the upstream sector, institution building etc. Royalty to be charged at half the prevailing rate for deep water areas beyond 400 m bathymetry for the first 7 years after commencement of commercial production. Cess to be exempted for production from blocks offered under NELP.

iv) v) vi)

vii)

viii)

ix) x) xi) xii) xiii) xiv) xv)

Companies to be exempted from payments of import duty on goods imported for petroleum operations. No signature, discovery or production bonuses. Seven-year tax holiday from the date of commencement of commercial production. Fiscal stability during the entire period of contracts. A separate Petroleum Tax Guide (PTG) to facilitate investors. A Model Production Sharing Contract (MPSC) which is reviewed for every NELP round. Contracts to be governed in accordance with applicable Indian Laws.

Terms beneficial to private companies under NELP?

Terms Beneficial to Private Investors under NELP as compared to terms for earlier rounds: i) ii) iii) A carried interest of national oil companies at 30% has been abolished. Companies are exempted from payment of cess. Companies are free to have 100% participating interest as against the earlier regime where up to 40% participating interest was to be hold by NOCs. This will also provide operational flexibility to the companies in selecting partners of their choice. Incentive for deepwater exploration with only half of the royalty payable in the initial seven years from the commencement of commercial production. Seven years tax holiday from the date of commencement of commercial production. Contribution made to Site Restoration Fund Scheme is deductible in the year of contribution as against in the year of site restoration as per the earlier the provisions of the Income-tax Act. Freedom to market oil and gas in the domestic market.

iv) v) vi)

vii)

Terms beneficial to NOCs under NELP?

Terms Beneficial to National Oil Companies: i) NOCs are exempted from payment of cess under NELP and the maximum royalty rate under NELP is 12.5% of international price as against 20% of the administered price in non -NELP areas.

ii) iii) iv)

Exemption from payment of customs duty. NOCs to get international price on their production of oil and gas. Seven years income tax holiday.

What are the details of investments made in E&P sector by NOCs domestic Private and foreign companies?
Actual expenditure made by E&P companies: As on 31st March 2008 TOTAL INVESTMENT PRE NELP EXPL PRE NELP DISCOVERED TOTAL PRENELP NELP-I NELP-II NELP-III NELP-IV NELP-V TOTAL NELP G. TOTAL EXPL 1,253 284 1,537 2,257 433 768 684 398 4,541 6,078 DEV 920 3,724 4,644 1,438 9 0 0 0 1,447 6,091 TOTAL PSU 2,173 4,008 6,181 3,695 442 768 684 398 5,988 12,169 262 1663.00 1,925 695 332 251 612 177 2,067 3,992 US $ million PRIVATE FOREIGN 339 973.00 1,312 2,637 61 461 36 137 3,332 4,644 1,572 1372.00 2,944 364 49 56 36 84 589 3,533

What are details of oil & gas discoveries under NELP?

68 oil and gas discoveries have been made as on 1st December 2008. The breakup of the discoveries is given below:

SL No. 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16

Company Name

Block Name KG-DWN-98/3 KG-OSN-2001/2 NELP I NELP III NELP III NELP I NELP II NELP I NELP III NELP V NELP I NELP I NELP II NELP IV NELP II NELP II NELP III NELP IV NELP V NELP IV NELP IV

OIL 1 1 1 1 1 5 1 1 12

GAS 18 3 8 1 2 7 2 1 2 4 1 49

OIL/ GAS 2 1 2 1 1 7

TOTAL 19 2 3 8 1 1 1 2 9 2 1 1 2 2 6 5 1 1 1 68

RIL (37)

KG-OSN-2001/1 NEC-OSN-97/2 GS-OSN-2000/1 KG-DWN-98/1 CY-DWN-2001/2 KG-DWN-2003/1 KG-DWN-98/2

ONGC/CAIRN (13)

MN-DWN-98/3 MN-OSN-2000/2 CB-ONN-2002/1

NIKO (2)

CB-ONN-2000/2 CB-ONN-2000/1

GSPC (14)

KG-OSN-2001/3 CB-ONN-2002/3 CB-ONN-2003/2

17 18

Jubilant (2)

CB-ONN-2002/2 CY-ONN-2002/1

NELP Total

NELP Discoveries Oil and Gas discoveries blocks RIL Discoveries

68 (OIL-12, GAS-49, OIL/GAS-7) 19 (5 in NELP I, 4 each in NELP II&III and 5 in NELP IV), and (one in NELP V) 37 (OIL -2, GAS-32, OIL/GAS-3)

ONGC Discoveries NIKO Discoveries GSPC Discoveries Jubilant Discoveries

13 (GAS-10, OIL-1, OIL/GAS-2) 2 (GAS-2) 14 (OIL-8, GAS-4, OIL/GAS-2) 2 (OIL-1 and GAS -1)

12 discoveries in Gujarat, 1 in Gujarat offshore, 1 in Tamil Nadu and 54 in Bay of Bengal under NELP

What are the details of company-wise blocks awarded under NELP?

S. No. Operator Company Awarded blocks upto Sixth round 74 38 13 7 6 4 3 2 2 2 2 2 2 1 1 Blocks awarded in seventh round 18 1 1 2 1 1 Otal blocks awarded under NELP 92 38 14 8 6 4 3 2 2 2 2 4 3 2 1

1 2 3 4 5 6 7 8 9 10 11 12 13 14 15

ONGC RIL OIL GSPCL CEIL JUBILANT NAFTOGAZ NIKO ENI FOCUS SANTOS GEOGLOBAL ESAAR OIL HOEC GAZPROM

16 17 18 19 20 21 22 23 24 25 26 27 28 29

GEOPETROL PRIZE PETROLEUM PETROGAS BHP Billiton IOC Mercator Petroleum Omkar Natural Resources BP Exploration Adani Interlink Petroleum Vasundhara Resources Quest Petroleum GAIL Deep Energy Total

1 1 1 162

7 2 2 2 1 1 1 1 1 1 1 44

1 1 1 7 2 2 2 1 1 1 1 1 1 1 206

What are the details of 24 blocks awarded under NELP I?

SI.No. Block Name 1 GV-ONN 97/1 Basin/State Ganga Valley onshore Awardee Oil & Natural Gas Corporation Limited (ONGC) and India Oil Corporation Limited (IOC) Reliance Industries Limited (RIL)-Niko Resources Limited (Niko) Cairn Energy India Pty. Ltd.

KG-DWN-98/1

Krishna- Godawari Deep water offshore Krishna- Godawari

KG-DWN-98/2

Deep water offshore 4 5 6 7 8 9 10 11 12 13 14 15 16 KG-DWN-98/3 KG-DWN-98/4 KG-DWN-98/5 MN-DWN-98/2 MN-DWN-98/3 CY-OSN-97/1 CY-OSN-97/2 GK-OSN-97/1 KG-OSN-97/1 KG-OSN-97/2 KG-OSN-97/3 KG-OSN-97/4 KK-OSN-97/2 Krishna- Godawari Deep water offshore Krishna- Godawari Deep water offshore Krishna- Godawari Deep water offshore Mahanadi- Godawari Deep water offshore Mahanadi- Godawari Deep water offshore Cauvery Shallow Water offshore Cauvery Shallow Water offshore Gujarat-Kutch Shallow Water offshore RIL - Niko ONGC ONGC RIL - Niko ONGC Mosbacher-Energy EquityHOEC Oil India Limited RIL-Niko

Krishna- Godawari ONGC Shallow Water offshore Krishna- Godawari RIL-Niko Shallow Water offshore Krishna- Godawari RIL-Niko Shallow Water offshore Krishna- Godawari RIL-Niko Shallow Water offshore Kerala-Konkan Godawari Shallow Water offshore Kerala-Konkan Godawari Shallow Water offshore Mumbai Shallow Water offshore RIL-Niko

17

KK-OSN-97/3

ONGC

18

MB-OSN-97/2

RIL-Niko

19 20 21 22 23 24

MB-OSN-97/3 MB-OSN-97/4 MN-OSN-97/3 NEC-OSN-97/1 NEC-OSN-97/2 SR-OSN-97/1

Mumbai Shallow Water offshore Mumbai Shallow Water offshore Mahanadi Shallow Water offshore

RIL-Niko ONGC-IOC ONGC-Gas Authority of India Limited (GAIL)

North-East Coast OAO-Gazprom, Russia-GAIL Shallow Water offshore North-East Coast RIL-Niko Shallow Water offshore Saurashtra Shallow Water offshore RIL-Niko

What are the details of 23 blocks awarded under NELP-II?

Details of 23 blocks awarded under NELP-II

SI.No. Block Name 1 2 3 4 5 6 7 8 9 WB-ONN 2000/1 GV-ONN-2000/1 RJ-ONN-2000/1 CB-ONN-2000/1 CB-ONN-2000/2 MN-ONN-2000/1 AS-ONN-2000/1 GS-OSN-2000/1 MB-OSN-2000/1

Basin/State West Bengal Utter Pradesh Rajasthan Gujarat Gujarat Orissa Assam Gujarat Saurashtra Offshore Mumbai Offshore

Awardee ONGC-IOC ONGC-IOC Oil India Ltd. GSPC-GAIL-Joshi Tech. Inc. Niko Resources Ltd. ONGC-IOC-GAIL-OIL RIL-HEPI RIL-HEPI ONGC-IOC-GSPC

10 11 12 13 14 15 16 17 18 19 20 21 22 23

KK-OSN-2000/1 CY-OSN-2000/1 CY-OSN-2000/2 MN-OSN-2000/1 MN-OSN-2000/2 WB-OSN-2000/1 GS-DWN-2000/1 GS-DWN-2000/2 MB-DWN-2000/1 MB-DWN-2000/2 KK-DWN-2000/1 KK-DWN-2000/2 KK-DWN-2000/3 KK-DWN-2000/4

Kerala-Konkan Offshore Cauvery Offshore Cauvery Offshore Mahanadi Offshore Mahanadi Offshore

ONGC ONGC ONGC ONGC ONGC-IOC-GAIL-OIL

West Bengal Offshore ONGC-IOC Gujarat Saurashtra Deepwater Gujarat Saurashtra Deepwater Mumbai Deepwater Mumbai Deepwater Kerala-Konkan Deepwater Kerala-Konkan Deepwater Kerala-Konkan Deepwater Kerala-Konkan Deepwater ONGC ONGC-GAIL ONGC-IOC ONGC-IOC-GAIL-OIL-GSPC RIL-HEPI ONGC- GAIL RIL-HEPI ONGC

What are the details of 23 blocks awarded under NELP-III?

Details of 23 blocks awarded under NELP-III SI.No. Block Name 1 2 3 KK-DWN 2001/1 KK-DWN 2001/2 KK-DWN 2001/3 Basin/State Kerala-Konkan Deepwater Kerala-Konkan Deepwater Kerala-Konkan Deepwater Awardee RIL-HARDY RIL-HARDY ONGC

4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23

CY-DWN-2001/1 CY-DWN-2001/2 CY-PR-DWN2001/3 CY-PR-DWN2001/4 PR-DWN-2001/1 KG-DWN-2001/1 GS-OSN-2001/1 KK-OSN-2001/2 KK-OSN-2001/3 KG-OSN-2001/1 KG-OSN-2001/2 KG-OSN-2001/3 AA-ONN-2001/1 AA-ONN-2001/2 AA-ONN-2001/3 AA-ONN-2001/4 HF-ONN-2001/1 RJ-ONN-2001/1 CB-ONN-2001/1 PG-ONN-2001/1

Cauvery Deepwater Cauvery Deepwater Cauvery-Palar Deepwater Cauvery-Palar Deepwater Palar Deepwater Krishna-Godavari Deepwater Gujarat-Sauashtra Offshore Kerala-Konkan Offshore Kerala-Konkan Offshore Krishna-Godavari Offshore Krishna-Godavari Offshore Krishna-Godavari Offshore Tripura Mizoram Assam Nagaland Himachal Pradesh Rajasthan Gujarat Andhra Pradesh

ONGC-OIL RIL-HARDY RIL-HARDY RIL-HARDY RIL-HARDY RIL-HARDY ONGC ONGC ONGC RIL-HARDY RIL-HARDY GSPC-GEO-JEL ONGC ONGC-IOC ONGC-OIL ONGC ONGC OIL & ONGC ONGC ONGC

What are the details of 20 blocks awarded under NELP-IV?

SI. No. 1 2 3 4 5 6 7 8 9 10 11 12 Block Name AA-ONN-2002/1 CB-ONN-2002/2 CB-ONN- 2001/3 CY-ONN-2002/1 GV-ONN-2002/1 AA-ONN-2002/3 AA-ONN-2002/4 CB-ONN-2002/1 CY-ONN-2002/2 RJ-ONN-2002/1 NEC-DWN2002/1 GS-DWN-2002/1 Basin/State Tripura Gujarat Gujarat Tamil Nadu Bihar Assam Nagaland Gujarat Tamil Nadu Rajasthan Mahanadi Deep Water GujaratSauashtra Deep Water Kerala-Konkan Deep Water Kerala-Konkan Deep Water KrishnaGodavari Deep Water Mahanadi Deep Water Area (Sq. Km) 1680 125 285 680 15550 1460 1060 135 280 9900 25565 21450 Awardee ENPRO-20, GAIL-80 GSPC-60, JEL-30, GGR-10 GSPC-55, JEL-20, PPC-15, GGR-10 ENPRO-30, GAIL-50, GSPC-20 CEIL-50, CESL-50 OIL-30, ONGC-70 ONGC-90, OIL-10 ONGC-70, CEBGI-30 ONGC-60, BPCL-40 OIL-60,ONGC-40 RIL-90, HARDY-10 ONGC-100

13 14 15

KK-DWN-2002/2 KK-DWN-2002/3 KG-DWN-2002/1

22810 20910 10600

ONGC-80, HPCL-20 ONGC-80, HPCL-20 ONGC-70, OIL-20, BPCL10 ONGC-70, OIL-20, BPCL10

16

MN-DWN2002/1

9980

17 18 19 20

MN-DWN2002/2 NEC-DWN2002/2 AN-DWN-2002/1 AN-DWN-2002/2

Mahanadi Deep Water Mahanadi Deep Water Andaman Deep Water Andaman Deep Water

11390 15465 10990 12493

ONGC-100 ONGC-100 ONGC-100 ONGC-100

What are the details of 20 blocks awarded under NELP-V?

SI. No. 1 2 3 KK-DWN2003/1 KK-DWN2003/2 KG-DWN2003/1 Kerala Konkan Kerala Konkan KrishnaGodavari Western Off. Western Off. Eastern Off. Reliance industries Ltd.(RIL) Reliance industries Ltd.(RIL) Reliance industries Ltd.(RIL)-Hardy Exploration & Production India Inc. (HEPI) Reliance industries Ltd.(RIL)-Niko Resources (NELPV) Ltd. (NIKO) Oil & Natural Gas Corporation Ltd. (ONGCL) ENI India Ltd. (ENI)- Oil & Natural Gas Corporation Ltd. (ONGCL) Gas Authority of India Block Name Basin State District Block awarded to

MN-DWN2003/1

Mahanadi

Eastern Off.

AN-DWN2003/1 AN-DWN2003/2

Andaman Nicobar Andaman Nicobar

Andaman Off. Andaman Off.

Limited (GAIL) 7 CB-OSN2003/1 GS-OSN2003/1 Gulf of cambay Saurashtra Western Off. Oil & Natural Gas Corporation Ltd. (ONGCL) Oil & Natural Gas Corporation Ltd. (ONGCL)-Cairn Energy (7) Ltd. (Cairn) Golaghat Changlang Tinsukia Jubilant EnproGSPC-GAIL Geopetrol NTPCCanoro Oil India Limited (OIL)-Hindustan Petroleum Corn. Ltd. (HPCL) Cairn Energy India Limited- Cairn Exploration (No.1) Limited - ONGC Cairn Energy India Limited- Cairn Energy (6) Limited - ONGC ENI India Limited (ENI)-Oil & Natural Gas Corporation Ltd. (ONGCL) Cairn Energy (2) Limited (CAIRN) Phoenix Overseas Ltd. (POL)Birckbeck Investment Ltd. (Birckbeck)

Western Off.

9 10 11

AA-ONN2003/1 AA-ONN2003/2 AA-ONN2003/3

AssamArakan AssamArakan AssamArakan

Assam Arunachal Pradesh Assam

12

GV-ONN2003/1

Ganga Valley

Uttar Pradesh

Deoria, Gorakhpur

13

VN-ONN2003/1

Vindhyan

Rajasthan

Kota & Jhalawar

14

RJ-ONN-2003/1 Rajasthan

Rajasthan

JaisalmerBarmer

15

RJ-ONN-2003/2 Rajasthan

Rajasthan

JaisalmerBarmer, Jodhpur

16

CB-ONN2003/1 PartA&B CB-ONN2003/2

Cambay

Gujarat

Ahmedabad, Kheda Bharuch

Reliance Industries Ltd. (RIL) Gujarat State Petroleum Corpn. Ltd. (GSPC) Gas Authority of India Limited (GAIL) Jubilant Capital Pvt. Ltd. (JCPL) GeoGlobal Resources (GGR) GeoGlobal Resources (GGR) Cairn Energy India Limited (CAIRN)Cairn Energy (4) Limited (CAIRN) Oil & Natural Gas Corporation Ltd. Niko Resources Ltd. (NIKO)

17

Cambay

Gujarat

18 19

DS-ONN2003/1 KG-ONN2003/1

Deccan Syneclise KrishnaGodavari

Maharashtra Andhra Pradesh

Dhule Krishna, Guntur

20

CY-ONN2003/1

Cauvery

Tamil Nadu

Thanjavur

What are the details of 52 blocks awarded under NELP-VI?

BLOCKS WINNERS NELP-VI ROUND SL. No BLOCK NAME DEEPWATER 1 2 3 KK-DWN-2004/1 CY-DWN-2004/1 CY-DWN-2004/2 ONGC ONGC ONGC ONGC (45%)-CAIRN INDIA LTD. (40%)-TATA (15%) ONGC (70%)-GSPC (10%)HPCL (10%)-GAIL (10%) ONGC (70%)-GSPC (10%)OPERATOR CONSORTIUM MEMBER(S)

HPCL (10%)-GAIL (10%) 4 5 6 7 8 9 CY-DWN-2004/3 CY-DWN-2004/4 CY-PR-DWN-2004/1 CY-PR-DWN-2004/2 KG-DWN-2004/1 KG-DWN-2004/2 ONGC ONGC ONGC ONGC ONGC ONGC ONGC (70%)-GSPC (10%)HPCL (10%)-GAIL (10%) ONGC (70%)-GSPC (10%)HPCL (10%)-GAIL (10%) ONGC (70%)-GSPC (10%)HPCL (10%)-GAIL (10%) ONGC (70%)-GSPC (10%)HPCL (10%)-GAIL (10%) ONGC (70%)-GSPC (10%)HPCL (10%)-GAIL (10%) ONGC (60%)-GSPC (10%)HPCL (10%)-GAIL (10%)BPCL (10%) ONGC (70%)-GSPC (10%)HPCL (10%)-GAIL (10%) RIL (100%) ONGC (50%)-GSPC (10%)HPCL (10%)-GAIL (10%) OIL (10%)- BPCL (10%) ONGC (60%)-GSPC (10%)HPCL (10%)-GAIL (10%) OIL (10%)RIL (100%) RIL (100%) RIL (100%) RIL (100%) RIL (100%) RIL (100%) SANTOS INTERNATIONAL OPERATIONS PTY. LTD.

10 11 12

KG-DWN-2004/3 KG-DWN-2004/4 KG-DWN-2004/5

ONGC RIL ONGC

13

KG-DWN-2004/6

ONGC

14 15 16 17 18 19 20

KG-DWN-2004/7 MN-DWN-2004/1 MN-DWN-2004/2 MN-DWN-2004/3 MN-DWN-2004/4 MN-DWN-2004/5 NEC-DWN-2004/1

RIL RIL RIL RIL RIL RIL SANTOS

(100%) 21 NEC-DWN-2004/2 SHALLOW OFFSHORE 22 23 24 GS-OSN-2004/1 CB-OSN-2004/1 MB-OSN-2004/1 ONGC FOCUS GSPC ONGC (100%) FOCUS (10%)- NEWBURY (90%) GSPC (20%)-IOC (20%)- GAIL (20%)-HPCL (20%)PETROGAS (20%) PETROGAS (20%)- GAIL (20%)- IOC (20%)- GSPC (20%)- HPCL (20%) CAIRN ENERGY (10%)CAIRN INDIA (25%)- ONGC (35%)- TATA (30%) ONGC (55%)- BGEPI (45%) SANTOS SANTOS (100%)

25

MB-OSN-2004/2

PETROGAS

26

PR-OSN-2004/1

CAIRN ENERGY INDIA ONGC

27

KG-OSN-2004/1 ONLAND

28 29

MZ-ONN-2004/1 MZ-ONN-2004/2

OIL NAFTOGAZ

OIL (75%)-SUNTERA (10%) SHIV-VANI (15%) NAFTOGAZ (10%) RNRL (10%) GEOPETROL (10%) REL (70%) OIL (85%)- SHIV-VANI (15%) OIL (90%)-SUNTERRA (10%) ESSAR ENERGY (90%) ESSAR OIL (10%) ADANI ENTERPRISES (35%) ADANI PORT (20%) NAFTOGAZ (10%) JAYCEE (MUMBAI) (35%) ESSAR ENERGY (90%) ESSAR OIL (10%)

30 31 32 33

AA-ONN-2004/1 AA-ONN-2004/2 AA-ONN-2004/3 AA-ONN-2004/4

OIL OIL ESSAR OIL NAFTOGAZ

34

AA-ONN-2004/5

ESSAR OIL

35 36 37

PA-ONN-2004/1 GV-ONN-2004/1 SR-ONN-2004/1

ONGC ONGC PRIZE PETROLEUM ONGC ONGC GSPC-GAIL

ONGC (100%) ONGC (100%) PRIZE PETROLEUM (10%) JAIPRAKASH ASSOCIATES LTD. (90%) ONGC (100%) ONGC (100%) GAPC (20%) GAIL (20%) HPCL (20%)- HALL WORTHY (PANAMA) (10%) NITINFIRE (NEW DELHI) (10%) SILVER WAVE (MAY YANMAR) (10%) BPCL (10%) OIL (75%) GEOGLOBAL (25%) OIL (60%) GEOGLOBAL (25%) HPCL (15%) ONGC (50%)- GSPC (40%) HERAMEC (10%) ONGC (50%)- GSPC (40%) SUNTERA RES. LTD. (10%) ONGC (40%)- GSPC (35%) ENSEARH (25%) ONGC (50%)- GSPC (40%) HERAMEC (10%) ADANI ENTERPRISES (35%) ADANI PORT (20%) NAFTOGAZ (10%) WELSPUN (35%) GEOGLOBAL RESOURCES (BARBADOS) (100%) OIL (90%) GEOGLOBAL (10%)

38 39 40

VN-ONN-2004/1 VN-ONN-2004/2 RJ-ONN-2004/1

41 42 43 44 45 46 47

RJ-ONN-2004/2 RJ-ONN-2004/3 CB-ONN-2004/1 CB-ONN-2004/2 CB-ONN-2004/3 CB-ONN-2004/4 CB-ONN-2004/5

OIL OIL ONGC ONGC ONGC ONGC NAFTOGAZ

48 49

DS-ONN-2004/1 KG-ONN-2004/1

GEOGLOBAL OIL

50 51 52

KG-ONN-2004/2 CY-ONN-2004/1 CY-ONN-2004/2

GSPC ONGC ONGC

GSPC (40%) GAIL (40%) PETROGAS (20%) ONGC (80%) BPCL (20%) ONGC (80%) BPCL (20%)

What are the block wise details awarded under seventh round of NELP?
Sl. No. 1 2 3 4 5 6 7 8 9 10 11 Block Name MB-DWN-2005/2 MB-DWN-2005/3 MB-DWN-2005/4 MB-DWN-2005/5 MB-DWN-2005/7 MB-DWN-2005/9 KK-DWN-2005/1 KK-DWN-2005/2 KG-DWN-2005/1 KG-DWN-2005/2 AN-DWN-2005/1 Operator & Consortium Partner BHP Billiton Petroleum International Pty. Ltd.GVK Infrastructure Oil & Gas Ltd. BHP Billiton Petroleum International Pty. Ltd.GVK Infrastructure Oil & Gas Ltd. BHP Billiton Petroleum International Pty. Ltd.GVK Infrastructure Oil & Gas Ltd. BHP Billiton Petroleum International Pty. Ltd.GVK Infrastructure Oil & Gas Ltd. BHP Billiton Petroleum International Pty. Ltd.GVK Infrastructure Oil & Gas Ltd. BHP Billiton Petroleum International Pty. Ltd.GVK Infrastructure Oil & Gas Ltd. BHP Billiton Petroleum International Pty. Ltd.GVK Infrastructure Oil & Gas Ltd. Oil & Natural Gas Corporation Ltd. Gujarat State Petroleum Corporation Oil & Natural Gas Corporation Ltd. Gujarat State Petroleum Corporation BP Exploration (Alpha) Ltd. Reliance Industries Ltd. Oil & Natural Gas Corporation Ltd. Oil India Ltd.

12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32

MB-OSN-2005/1 MB-OSN-2005/2 MB-OSN-2005/3 MB-OSN-2005/5 MB-OSN-2005/6 KG-OSN-2005/1 KG-OSN-2005/2 AA-ONN-2005/1 PA-ONN-2005/1 PA-ONN-2005/2 WB-ONN-2005/2 WB-ONN-2005/3 WB-ONN-2005/4 GV-ONN-2005/3 SR-ONN-2005/1 VN-ONN-2005/1 VN-ONN-2005/2 RJ-ONN-2005/1 RJ-ONN-2005/2 RJ-ONN-2005/3 CB-ONN-2005/1

Oil & Natural Gas Corporation Ltd. Gujarat State Petroleum Corporation Adani Welspun Exploration Ltd. Essar Exploration & Production Ltd. - Gujarat State Petroleum Corporation Oil & Natural Gas Corporation Ltd. Gujarat State Petroleum Corporation Oil & Natural Gas Corporation Ltd. Gujarat State Petroleum Corporation ONGC, GSPC & HPCL Mittal Energy Ltd. Oil & Natural Gas Corporation Ltd. HPCL Mittal Energy Ltd Oil & Natural Gas Corporation Ltd. Oil India Ltd.Assam Co. Ltd. Oil & Natural Gas Corporation Ltd. Oil & Natural Gas Corporation Ltd. Oil & Natural Gas Corporation Ltd. Oil & Natural Gas Corporation Ltd. Oil & Natural Gas Corporation Ltd. Oil India Ltd.Oil & Natural Gas Corporation Ltd. Tata Petodyne Ltd.Deep Energy LIc, Deep Industries Ltd., Kanvel Finance Pvt. Ltd. & Savla Electronics Pvt. Ltd. GeoGlobal Resources (Barbados) Inc., GeoGlobal Resources (Barbados) Inc., HOEC, BPRL, JSPL Oil & Natural Gas Ltd & IMC OIL, HOEC, HPCL & Mittal Energy Ltd., GSPC & ONGC Interlink Petroleum Ltd., Moonstone Energy Pte.

Ltd. & EnSearch 33 34 35 36 37 38 39 40 41 42 CB-ONN-2005/2 CB-ONN-2005/3 CB-ONN-2005/4 CB-ONN-2005/5 CB-ONN-2005/6 CB-ONN-2005/7 CB-ONN-2005/8 CB-ONN-2005/9 CB-ONN-2005/10 CB-ONN-2005/11 Indian Oil Corporation ltd. Mercator Petroleum Pvt. Ltd. Oil & Natural Gas Corporation Ltd. Gujarat State Petroleum Corporation Omkar Natural Resources Pvt. Ltd. Omkar Natural Resources Pvt. Ltd. Indian Oil Corporation ltd. Vasundhara Resources Ltd. Mercator Petroleum Pvt. Ltd. Oil & Natural Gas Corporation Ltd. Gujarat State Petroleum Corporation Quest Petroleum Pvt. Ltd., Quippo Oil & Gas Infrastructure Ltd., SREI Infrastructure Finance Ltd., Valdel Investment Pvt. Ltd. & Primera Energy Resources Ltd. Oil & Natural Gas Corporation Ltd. Tata Petodyne Ltd. GAIL (India) Ltd., GSPC & Bengal Energy Inc.

43 44

PR-ONN-2005/1 CY-ONN-2005/1

What is the quantum of profit petroleum in KG D6 block?

The profit share to the government at annual cost recovery limit of 90% is given below: Investment multiple (IM) tranche Less than 1.5 1.5 - 2.0 2.0 -2.5 Government share of profit petroleum 10% 16% 28% Contractors share of profit petroleum 90% 84% 72%

2.5 -3.0 3.0- 3.5 More than 3.5

85% 85% 85%

15% 15% 15%

The profit petroleum is calculated every year based on the revenue generated from the project and costs incurred by the contractor. NELP model of profit petroleum computation supports higher profit petroleum share to the Government at higher prices higher production of oil and gas.

What is the status of oil & gas production from NELP blocks in Gujarat?
Commercial production of gas has commenced from the NELP II block CB-ONN2000/2, operated M/s Niko resources at the rate of 0.3 MMSCMD from the year 2004 onwards. The gas price realized by NIKO is about US$ 4.50 per MMBTU. Commercial production of oil has commenced from July 2007 from the block CBONN-2000/1 operated by M/s GSPC at the rate of 700 barrels per day. First deepwater crude oil production from the block KG-DWN-98/3 has been commenced at the rate of 10,000 barrels per day from I7th September 2008.

What is the Position of Hydrocarbon Reserves in the country as on 1st April, 2008?
Total Prognosticated Resources of the country has been estimated at about 28 billion tons. As on 1st April, 2008, oil & gas reserves are of the order of 1860 MTOE provisionally. The break-up of Initial In-Place, Ultimate Reserves and Recoverable reserves is given below:

Initial In Place (MT) Oil

ONGC OIL Pvt/JV Total 4664.700 746.110 638.819 6049.629

Ultimate Reserves (MT) O+OEG

6604.850 1047.900 1619.239 9271.989

Reserves (MT) * Oil

566.370 82.110 121.631 770.111

Gas
1940.150 301.790 980.420 3222.360

Oil
1345.060 216.950 172.356 1734.366

Gas
1014.470 159.150 550.989 1724.609

O+OEG
2359.530 376.100 723.345 3458.975

Gas
550.260 48.320 491.389 1089.969

O+OEG
1116.630 130.430 613.020 1860.080

* Note : Reserves denote balance recoverable reserves of hydrocarbons

i)

Established in place hydrocarbon Established oil-in place Established gas- in place Established Ultimate recoverable reserves Established Ultimate oil reserves Established Ultimate gas reserves Balance Recoverable reserves Balance oil reserves Balance gas reserves

: 9.2 billion tons : 6.0 billion tons : 3.2 billion tons : 3.4 billion tons : 1.7 billion tons : 1.7 billion tons : 1.8 billion tons : 0.7 billion tons : 1.1 billion tons

ii)

iii)

What are the details of oil and gas discoveries by OIL in 2007-08?
Discoveries made by ONGC, OIL (Oil India Ltd.) and Private/JV companies during 2007-08 are as under: Oil and gas discoveries made by OIL in 2007-08

SL. No. 1 2 3 4 5 6

Field/Structure South Chandmari (Assam) Sapkaint-1 (Assam) Moran -112 (Assam) Hapjan - 48 (Assam) Makum - 25 (Assam) Dandewala -17 (Rajasthan)

Status of development Delineation wells are planned to be drilled in the area for development. Delineation wells are planned to be drilled in the area for development Installation of gas evacuation line is in progress. On regular production. On regular production. On regular production.

What are the details of oil and gas discoveries by Private/JV companies in 2007-08?
Discoveries by Private/JV companies in 2007-08 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 GS-OSN-2000/l KG-DWN-98/3 CB-ON/7 CY-DWN-200l/2 CB-ON/3 KG-OSN-2001/3 CB-ONN-2002/3 Ravva Field KG-DWN-98/1 KG-OSN-2001/3 KG-OSN-2002/2 CB-ON/3 CB-ONN-2002/3 CB-ONN-2002/3 KG-OSN-2001/1 KG-OSN-2001/l CY-ONN-2002/1 AAP-ON-94/1 KG-DWN-2003/ 1 NELP-II NELP-1 Pre-NELP NELP-III Pre-NELP NELP-III NELP-IV Field NELP-I NELP-III NELP-IV Pre-NELP NELP-IV NELP-IV NELP-I NELP-I NELP-IV Pre-NELP NELP-V RIL RIL HOEC RIL Essar GSPC GSPC Cairn RIL GSPC Jubilant Essar Oil Limited GSPC GSPC RIL RIL Jubilant HOEC RIL Dhirubhai -33 Dhirubhai -34 SPD-I Dhirubhai -35 ENM-I KG-15 Miroli-1 RX & Z Dhirubhai -36 KG#16 CB-3A EEU-1 SE # 4 SE # 2 Dhirubhai -37 Dhirubhai -38 CY-1 DIROK#1 Dhirubhai -39 Gas Gas Oil Oil/Gas Oil Gas Oil Oil & Gas Oil Gas Oil Oil Oil Oil Gas Gas Gas Gas Gas

What are the details of oil and gas discoveries by ONGC in 2007-08?
(Oil & Gas discoveries by ONGC in 2007-08) SL. State/Basin No. 1 2 Assam 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 Tamil Nadu Cauvery Onland Kamalapuram-9 Gopavaram-12 Dabka 57 (DBBG) Ankleswar 317 (ANAL) Oil Gas Gas Gas (Shallow) KG Onland Andhra Pradesh Pasarlapudi-40 Kali-7 (KIAG) Pallivarmangalam-5 Gas Oil & Gas Oil KG Offshore MBA Basin A&AA Basin Mekrang-7 (MRAG) Kunjaban KU-2 (KUAC) Subdalbari-2 (SDAA) Kunjaban-3 MN-DWN-98/3-A1 (MDW4A) MDW-5 KG-DWN-98/2-KT-1 GS-48-AA (GS-48-1) GS-KW-AE (GS-KW-5) Uppidi-1 (UPAA) East Rangapuram (ERA-1) Oil Gas Gas Gas Gas Gas Gas Gas Oil & Gas Gas Gas Prospect/Location Panidihing-6 (PDAF) Disangmukh-3 (DSAA) Type of HC Oil Oil

21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 Western Offshore Basin Rajasthan Gujarat Cambay Basin

Chaklasi-8 (CKAD) Kosamba-41 (KMAN) Ankleshwar-320 Akholjuni-18 South Kai-143 (SKPP) Olpad-31 (OPDF) Mewad-25 Karjan-9 Chinnewala Tibba-2 (CTAA) B-55-5 (Well No. B-55-B) D-1-14 B-172-9 B-12-11 B-72 BNP-2

Oil Gas Oil Oil Oil Gas Oil Oil Gas Gas Oil Gas Gas Gas Gas

What are the details of discoveries made by ONGC in 2008-09?

Hydrocarbon discoveries made by ONGC during 2008-09 (as on 1st December, 2008) (All the discoveries have been notified) SL. No. 1 2 3 Name Babejia-1 Linch-65 Ha1isa-12 Basin A&AA Western Onshore Western Onshore Month of discovery Oil Oil Oil

4 5 6 7 8 9 10 11 12 13 14 15 16

Kesanapalli West-27 GS-15-15 (GS-1 5- AP) GLAA (Geddanapalli-1) GS-48-2(AB) West Patan-3(WPAB) South Kadi-144 (SKBF) Vygreswaram-1 (VGAA) GS-15-14(GS-15-AO) Kuthalam-37(KADP) Tulamura-1 (TMDI) GS-59-1 G-4-6 BR-W-1

KG-PG KG Offshore KG Offshore KG Offshore Western Onshore Western Onshore KG-PG KG Offshore Cauvery A&AA KG Offshore KG Offshore A&AA

Oil/Gas Gas Oil Gas Oil Oil Gas Oil Oil Gas Oil/Gas Oil Oil

What are the details of Hydrocarbon discoveries made by Pvt/Jv Companies in 2008-09?
SL. Block No. 1 2 3 4 KG-DWN2003/1 CB-ONN2002/3 CB-ONN2002/3 CB-ONN2002/1 NELP/Pre NELP NELP-V NELP-IV NELP-IV NELP-IV Operat or RIL GSPC GSPC ONGC Discovery name Dhirubhai-41 SE # 8 Miroli #6 West Patan #3 Type Gas Oil Oil Oil Discovery Month April, 08 May, 08 May, 08 July, 08

5 6 7 8 9 10

RJ-ON-90/6 KG-DWN98/3 KG-OSN2001/3 CB-ON/2 KG-OSN2001/3 CB-ONN2003/2

Pre NELP NELP-I NELP-III Pre NELP NELP-III NELP-IV

FOCUS RIL GSPC GSPC GSPC GSPC

SPF#1 Dhirubhai-42 KG#22 Tarapur#6 KG#31 ANK#21

Gas Gas Oil Gas Gas Gas

July, 08 July, 08 July, 08 Aug, 08 October, 08 November, 08

What are the details of in place and ultimate reserves accreted under NELP?
Company wise Reserves Accreted from Discoveries in NELP Company Initial In Place Oil (MT) RIL GSPCL Niko Total 19.7 8.29 0 27.99 Gas (MT) 577.28 39.82 0.74 617.84 O+OEG (MT) 596.98 48.11 0.74 645.83 Ultimate Recoverable Reserves Oil (MT) 7.3 0.25 0 7.55 Gas (MT) 340.34 29.79 0.49 370.62 O+OEG (MT) 347.64 30.04 0.49 378.17

MT Million Ton.