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Acreages & JVs under new regimes

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DOMESTIC

In the E&P sector, in India, OIL has signed Production Sharing Contracts (PSCs) and Revenue Sharing Contracts (RSCs) to expand its footprint in multiple blocks. Besides operating on its own, OIL has collaborated with private companies like GeoPetrol, Geo-Enpro, JEKPL and farmed out participating interests to ONGC, GAIL, IOCL, BPRL, NRL, AHECL to optimize knowledge and risk sharing opportunities. Under the Hydrocarbon Exploration Licensing Policy (HELP) of the Government of India, OIL has participated extensively in the Open Acreage Licensing Policy (OALP) and Discovered Small Fields (DSF) bid rounds. Currently, OIL has a total of twenty-seven (27) blocks spread across six sedimentary basins in India awarded under the OALP bid rounds. Of these, sixteen (16) blocks are in North-Eastern states, five (5) blocks in Odisha, three (3) blocks in Rajasthan, two (2) blocks in Andaman and one (1) block in Kerala Konkan shallow offshore. Further, OIL was awarded three (3) blocks in the DSF rounds, one (1) each in Tripura, Andhra Pradesh and Rajasthan.

The list of blocks and their partners where OIL has participating interest or Operatorship as of March 2024:

 

JOINT VENTURES Pre NELP (as on March 2024)

Sr. No.Block No.Date of ExecutionCompany's Participating Interest (%)Other PartnersOperator
1Kharsang16.06.199540JEKPL Private Limited : 25%
Geopetrol International Inc. : 25%
GeoEnpro Petroleum Ltd. : 10%
Geo-Enpro
2AAP-ON-94/1 (Dirok)30.06.199844.086Indian Oil Corporation Limited : 29.032%
Hindustan Oil Exploration Company Limited : 26.882%
HOEC

 

OIL AS OPERATOR in NELP blocks (as on March 2024)

Sr. No.Block No.Date of ExecutionCompany's Participating Interest (%)Other PartnersOperator
1MZ-ONN-2004/102.03.200785Shiv-Vani: 15%OIL
2AA-ONN-2010/2 (Karbi Anglong)28.03.201250Oil and Natural Gas Corporation : 30% 
GAIL (India) Limited : 20%
OIL

 

OIL AS NON OPERATOR in NELP blocks (as on March 2024)

Sr. No.Block No.Date of ExecutionCompany's Participating Interest (%)Other PartnersOperator
1GK-OSN-2010/128.03.201230ONGCL: 60%
GAIL (India) Limited : 10%
ONGCL
2WB-ONN-2005/422.12.200825ONGCL:75%ONGCL

 

OIL AS OPERATOR in DSF Blocks (as on March 2024)

Sr. No.Block No.Date of ExecutionCompany's Participating Interest (%)Other PartnersOperator
1AA/ONDSF/Tulamara/201807.03.2019100-OIL
2KG/OSDSF/GS-KW/201807.03.2019100-OIL
3RJ/ONDSF/BAKHRITIBBA/202109.09.2022100-OIL

 

OIL AS NON OPERATOR in DSF Block (as on March 2024)

Sr. No.Block No.Date of ExecutionCompany's Participating Interest(%)Other PartnersOperator
1AA/ONDSF/KHEREM/201627.03.201740HOEC : 40%
PPCL : 20%
HOEC

 

OIL AS OPERATOR in OALP Blocks (as on March 2024)

Sr. No.Block No.Date of ExecutionCompany's Participating Interest (%)Other PartnersOperator
1AA-ONHP-2017/10 (Kobochapori)01.10.201870ONGCL: 30%OIL
2AA-ONHP-2017/12 (West Mechaki)01.10.201870Indian Oil Corporation Limited : 20%
BPRL: 10%
Numaligarh Refinery : 10%
OIL
3AA-ONHP-2017/13 (Chongkham)01.10.201870Oil and Natural Gas Corporation : 30%OIL
4AA-ONHP-2017/16 (Namsai)01.10.2018100-OIL
5AA-ONHP-2017/17 (Pasighat)01.10.2018100-OIL
6AA-ONHP-2017/18 (North Bank-1)01.10.2018100-OIL
7AA-ONHP-2017/20 (Namrup Borhat)01.10.201870NRL: 20%
AHECL: 10%
OIL
8AN-OSHP-2018/1 (Andaman East)16.07.2019100-OIL
9AN-OSHP-2018/2 (Andaman West)16.07.2019100-OIL
10MN-ONHP-2018/1 (Cuttack-II)16.07.2019100-OIL
11MN-ONHP-2018/2 (Puri)16.07.2019100-OIL
12MN-ONHP-2018/3 (Chandbali)16.07.2019100-OIL
13MN-ONHP-2018/4 (Jajpur)16.07.2019100-OIL
14AA-ONHP-2018/2 (Nagaland)16.07.2019100-OIL
15AA-ONHP-2018/3 (Dima-Hasao)16.07.201970Indian Oil Corporation Limited : 30%OIL
16AA-ONHP-2018/5 (Tripura)16.07.201970Indian Oil Corporation Limited : 30%OIL
17RJ-ONHP-2018/2 (Siyasar-II)16.07.201970Indian Oil Corporation Limited : 30%OIL
18MN-ONHP-2018/5 (Cuttack-II)16.07.2019100-OIL
19KK-OSHP-2018/1 (Kerala Konkan)16.07.2019100-OIL
20AA-ONHP-2019/1 (B. Charali)17.11.2020100-OIL
21RJ-ONHP-2019/2 (Jamba)17.11.202070Indian Oil Corporation Limited : 30%OIL
22RJ-ONHP-2019/3 (Nagrasar)17.11.202070Indian Oil Corporation Limited : 30%OIL
23AA-ONHP-2020/1 (Khubal)27.04.2022100-OIL
24AA-ONHP-2020/3 (Langtarai)27.04.2022100-OIL
25AS-ONHP-2021/2 (Patshala)28.06.2022100-OIL
26AS-ONHP-2021/3 (Mangaldoi)28.06.2022100-OIL
27AA-ONHP-2022/1 (Dhekiajuli)28.06.2022100-OIL