India discloses more details on acreage open for bidding

Journal Article · Sun Dec 22 23:00:00 EST 1991 · Oil and Gas Journal; (United States)

OSTI ID:5497736

This paper reports that India has disclosed more details about acreage and production sharing contracts (PSCs) offered in the fourth round of bidding this year. Included in the latest offering are 72 blocks 39 offshore and 33 onshore covering almost 1.25 million sq km in 17 sedimentary basins. Block areas range from 80 sq km to 93,000 sq km. India in a draft contract proposes PSC durations of 25 years from date of contract signature for exploration, development, and production of crude oil and associated gas. One 5 year extension is allowed.

• OSTI ID: 5497736
• Journal Information: Oil and Gas Journal; (United States), Journal Name: Oil and Gas Journal; (United States) Vol. 89:51; ISSN 0030-1388; ISSN OIGJA
• Country of Publication: United States
• Language: English

Related Subjects

02 PETROLEUM
020200* -- Petroleum-- Reserves
Geology
& Exploration
03 NATURAL GAS
030200 -- Natural Gas-- Reserves
Geology
& Exploration
ASIA
DEVELOPING COUNTRIES
ENERGY SOURCES
EXPLORATION
FLUIDS
FOSSIL FUELS
FUEL GAS
FUELS
GAS FUELS
GASES
GEOLOGIC STRUCTURES
INDIA
NATURAL GAS
OFFSHORE OPERATIONS
PETROLEUM
PRODUCTION
SEDIMENTARY BASINS