Petroleum Minister closely examining a sample of crude oil discovered by ONGC in Asokenagar in WestBengal

Conventional Hydrocarbons

India has 26 sedimentary basins covering an area of 3.36 million square kilometres. The sedimentary basins of India, onland and offshore up to the 400m isobath, have an aerial extent of about 2.04 million sq. km. In the deepwater beyond

Exploration Activities & Framework

The energy demand will rise with social and economic development in the country. The country is dependent on imports for about 83% of its crude oil requirement and to the extent of about 47% in case of natural gas. In order to bridge the gap

Blocks awards & status

Government of India signed 310 production sharing contracts involving 29 discovered fields (One PSC signed for Panna & Mukta Fields), 28 exploration blocks under pre-NELP Exploration Blocks and 254 blocks under NELP regime

Production

Crude Oil Crude oil production in FY 2018-19 (P) is about 34.20 Million Metric Tonne (MMT). About 71.15% of crude oil is by ONGC and OIL from nomination regime and remaining 28.85% of crude oil production is by Private/JV companies

Hydrocarbon Exploration and Licensing Policy (HELP) – A Win-Win approach

In the line with the vision of reducing hydrocarbon import dependency by 10% by 2022, Hydrocarbon Exploration and Licensing Policy (HELP) was launched with the clear objective of boosting the production of oil & gas in the Indian

Discovered Small (Marginal) Field Policy: DSF

To reduce the import dependency of hydrocarbons & to effectively exploit the untapped established reserves Marginal Field Policy was announced. The policy was later rechristened to Discovered Small Field Policy (DSF), under the

About Bio Fuel

Government has emphasized on achieving energy security of the country with a target of reducing import dependence i.e. usage of fossil fuels. The growing concern about the import dependence for fuel requirement in tandem with

History and Evolution

The Indian Petroleum refining sector has come a long way since crude oil was discovered and the first refinery was set up at Digboi in 1901. Till 1947, that was the only refinery with a capacity of 0.50 million metric tonnes per annum

Numaligarh Refinery Limited

NRL was incorporated in 1993 and is a Category I Mini Ratna CPSE. Current shareholding in the company is 61.65% BPCL, 26% OIL and 12.35% Govt. of Assam. It operates a 3 MMTPA refinery at Numaligarh in Assam and two marketing terminals at