Oil and Gas Discoveries Under Nelp | |||||||||||||||||||||||||||||
The Minister of State (I/C) in the Ministry of
Petroleum & Natural Gas Shri Dharmendra Pradhan informed the Rajya Sabha in
a written reply today that the Government
has so far awarded a total of 282 exploration blocks (28 under Pre-NELP and 254
under NELP) in onland and offshore areas of the country. Out of these, 131
exploration blocks have been awarded in various states. As a result of
exploration activities, so far a total of 106 hydrocarbon discoveries,
comprising of 84 oil and 22 gas discoveries have been made in various states.
In-Place oil volume of 358.40 Million Metric Tonnes (MMT) and Gas Volume of
21.39 Billion Cubic Meters (BCM) have been established so far from the above
discoveries based on the review of Commerciality/approval of Field Development
Plans.
During
the last three years ( 2011-12 to 2013-14) to till date, 30 hydrocarbon
discoveries (8 oil and 22 gas) have been made in the blocks awarded under New
Exploration Licensing Policy (NELP). Out of these, Declaration of Commerciality
(DoC) has been done for 1 oil discovery according to which In-place volume and
recoverable oil reserves are 195.09 Million Barrels and 26.28 Million Barrels
respectively. The remaining discoveries are under various stages of evaluation
and appraisal.
Based
on the Annual Work Programme and Budget for 2014-15 and projections during 12th
five year plan (2012-2017), the following are the projected oil and gas
production and exploratory inputs during the next three years (2014-2017):
In order to
accelerate the pace of exploration and production of oil and gas in the
country, the Government has taken following steps:
·
Offering
of exploration blocks through NELP bidding rounds.
·
Encouraging
exploration and exploitation of alternate energy sources, such as Coal Bed
Methane (CBM), Shale Gas, Gas Hydrates etc.
·
Policy
for exploration and exploitation of Shale Gas/Shale Oil resources by NOCs under
the Nomination Regime.
·
Policy
on Non –exclusive Multi-client Speculative Survey for assessment of unexplored
sedimentary basin has been approved.
Apart from above, there are various measures being taken by the National Oil
Companies to increase current production level. These include development of
new and marginal fields, improved Oil Recovery/Enhanced Oil Recovery
activities, well stimulation, field re-development/revitalization, work-over
activities, chemical stimulation etc. according to the technical requirement of
the fields and feasibility.
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Dedicated Team spirit, Knowledge Sharing session and thanks to Greenko Founder, MD and CEO Shri Chalamalasetty Sir and Founder & president Shri Mahesh Koli SIr, AM Green management Shri Gautam Reddy, Shri GVS ANAND, Shri VIJAY KUMAR (Site Incharge), Shri G.B.Rao, Shri PVSN Raju, Dr. V. S. John, Shri V. Parmekar,Smt .Vani Tulsi,Shri B.B.K UmaMaheswar Rao, Shri P. Rajachand, Shri V. B. Rao, Shri. LVV RAO, Shri P.Srinivaslu Promotion- EHSQL-by Dr. A.N.GIRI- 29.1Lakhs Viewed Thanks to NFCL.
Wednesday, 6 August 2014
Oil and Gas Discoveries Under Nelp
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