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Exploration News in India

Vedanta Announces KG-OSN-2009/3 Oil Discovery
3/28/2019 - Vedanta has notified the Management Committee, Directorate General of Hydrocarbons and Ministry of Petroleum and Natural Gas of an oil discovery in the second exploratory well H2, located in the block...
India to Launch Open Acreage Licensing Programme Bid Round-II
1/6/2019 - India's Directorate General of Hydrocarbons (DGH) plans to launch the Open Acreage Licensing Programme Bid Round-II on Monday Jan 7th in New Delhi, according to a tweet here from the DGH, India's upst...
Vedanta Announces KG-OSN-2009/3 Discovery, Krishna-Godavari Basin, India
9/14/2018 - Vedanta Limited has notified the Management Committee, Ministry of Petroleum and Natural Gas and Directorate General of Hydrocarbons (DGH) of a hydrocarbon Discovery in well A3-2 within its operated b...
India to Auction 55 Oil & Gas Exploration Blocks
1/17/2018 - India will begin the auction of 55 oil and gas exploration blocks from Thursday under new rules, the country’s first licensing round after eight years, as it seeks to unlock its vast hydrocarbon resou...
Xodus Wins Subsurface Contract with Cairn Oil and Gas in India
7/14/2017 - Xodus Group has won a contract with Cairn Oil and Gas of Vedanta Ltd to conduct exploration and appraisal work on its Rajasthan block in north-west India over the next two years. ...
Oil India Makes Two Oil Discoveries in Upper Assam Basin
5/1/2017 - Oil India Limited (OIL), India’s second largest National Exploration & Production Company, through its exploratory efforts has made 2(two) Hydrocarbon Discoveries in the Moran Petroleum Mining Lease (...
India Gets Muted Response to Small Discovered Field Auction
11/21/2016 - India's first auction of small discovered fields drew a tepid response with local firms dominating the auction for operating assets estimated to hold 625 million barrels of oil and oil equivalent gas....
Discovered Small Field Bidding Round to be launched on 25th May
5/24/2016 - Discovered Small Field Bidding Round – 2016 will be launched on 25th May, 2016 in New Delhi. The event will be presided over by Minister of State (I/C) for Petroleum & Natural Gas Sh. Dharmendra Pradh...
India to Auction 69 Marginal Fields Owned by ONGC & Oil India
4/21/2015 - India will soon auction 69 marginal oil and gas fields owned by state explorers Oil and Natural Gas Corp (ONGC) and Oil India Ltd, the country's oil secretary said. ...
Gujarat Withdraws Approval for NELP-X Blocks
2/9/2014 - In a setback to the latest oil and gas block auction round, the Gujarat Government has withdrawn clearance for the 9 areas falling in the state that are part of the offerings under 10th round of New E...
Rocksource Receives Legal Notice Invoking Arbitration in India
1/10/2014 - Rocksource ASA has received a legal notice from Oil and Natural Gas Corporation of India (ONGC) invoking arbitration related to disputes over historical costs in the CY-DWN-2001/1 Production Sharing C...
India to Offer at Least 56 Oil, Gas Blocks Licenses
1/6/2014 - India plans to offer at least 56 oil and gas exploration blocks in its first auction of licenses in nearly two years, based on new gas-pricing and revenue-sharing rules, oil secretary Vivek Rae said. ...
BHP Gives up India Oil & Gas Blocks over Delays
10/21/2013 - BHP Billiton is walking away from almost all of its oil and gas interests in India, citing an inability to carry out exploration operations there and dealing the latest setback to the country in its e...
New Deepwater Gas Condensate Discovery in India
8/23/2013 - Reliance Industries Limited (RIL) and BP announced a new gas condensate discovery off the east coast of India in the Cauvery basin. ...
Jubilant Spuds North Atharamura-1 Exploration Well
2/13/2013 - Jubilant is pleased to announce that the North Atharamura-1 well was spudded on 12 February in the Tripura block. This is the second exploratory well to be drilled under Exploration Phase-II and the f...
74 Bids Received for 33 Blocks Offered under NELP-IX
3/28/2011 - The Government has received 74 bids for 33 blocks out of 34 exploration blocks offered under Ninth Round of New Exploration Licensing Policy (NELP-IX) bidding for which closed. Speaking on the occasio...
Oil Exploration by Private, Foreign Entities in India
2/23/2011 - Under the New Exploration Licensing Policy (NELP), exploration blocks are awarded through International Competitive Bidding, where National / State oil companies as well as private and foreign compani...
NELP-IX Road Show Held at Calgary Successfully
2/11/2011 - In continuation of the promotional efforts by the Government of India (GOI), the ninth round of New Exploration Licensing Policy (NELP) Road Show was held in Calgary. A total of 97 delegates from vari...
India-US Signed MOU on Shale Gas
11/8/2010 - Memorandum of Understanding (MOU) on Shale Gas Resources between India and USA was signed recently during the visit of President of America, Mr. Barack Obama in New Delhi. As per the MOU, the Nodal GO...
Interlink Declares Oil Discovery in Baola Field
10/21/2010 - Interlink Petroleum Limited (IPL), a company listed on the Bombay Stock Exchange has informed the Ministry of Petroleum and Natural Gas and the Directorate General of Hydrocarbons that it has made an ...

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