Country Report

India upstream summary

Get this report*

$11,340

You can pay by card or invoice

For details on how your data is used and stored, see our Privacy Notice.
 

- FAQs about online orders
- Find out more about subscriptions

*Please note that this report only includes an Excel data file if this is indicated in "What's included" below

Gas production poised for near-term growth - Output declined drastically between 2011 and 2017 primarily due to under-performance of the KG-D6 block and the lack of FIDs. Output then remained steady until 2019, followed by steep decline, driven by field maturity, a gas demand shortfall and pricing. In 2021 production rebounded, with the Dhirubhai-34 and the satellite cluster in D6 area coming onstream followed by D-55 in 2023. During 2022-23, ONGC completed the redevelopment of its western ...

Table of contents

  • Executive summary
  • Key facts
  • Location maps
  • Key companies
    • Introduction
    • Krishna-Godavari basin
    • Mumbai offshore basin
    • Cambay basin
    • Rajasthan Basin
    • Cauvery basin
    • Assam - Arakan basin
    • Kutch basin
    • 4 more item(s)...
    • Licensing
    • Hydrocarbon Exploration and Licensing Policy (HELP)
      • OALP
      • OALP-1
      • OALP-2 and 3
      • OALP-4
      • OALP-5
      • OALP-6 and 7
      • OALP-8
      • OALP-9
      • 4 more item(s)...
    • NELP
      • NELP IX
      • NELP VIII
      • NELP VII
      • NELP VI
      • NELP V (2005)
      • NELP IV (2003-2004) and NELP III (2002)
      • NELP II (2000-2001) and NELP I (1999-2000)
    • Coalbed Methane (CBM)
      • Special CBM Bid Round - II (2022)
      • Special CBM Bid Round - I (2021)
      • CBM-IV (2009)
      • CBM-III (2006)
      • CBM-II (2004) and CBM-I (2002)
    • Drilling
      • Drilling activity
    • Future activity
    • Historical Activity (till 1998)
      • Onshore drilling
      • Offshore Exploration
      • Key Activity (1999 onwards)
  • Reserves and resources
    • Oil/Liquids
      • Future Production
      • Historical Production
      • 2005 - 2014
    • Gas
      • Future gas production
      • Historical gas Production
    • Oil infrastructure
      • Crude Pipelines
      • Refineries
    • Gas infrastructure
      • Introduction
      • GAIL Pipelines
      • GSPL Pipelines
      • PIL Pipelines
      • GIGL Pipelines
      • ONGC Gas Infrastructure: Uran and Hazira
      • Expansion of gas network
      • Gas marketing
      • 1 more item(s)...
    • Capital costs
      • Capital expenditure by location
    • Key legislation
      • Organisation of the Indian Oil & Gas Industry
    • State oil company
      • Oil & Natural Gas Corporation Limited (ONGC)
      • Oil India Limited (OIL)
      • GAIL India (GAIL)
      • Indian Oil Corporation (IOC)
    • State participation
    • Licensing
      • Licence Term
      • Work Obligation
      • Relinquishment
    • Overview
    • Upstream
      • Production Sharing Contract Regime
      • Concession Regime
      • Coal bed methane (CBM) terms
      • Revenue Sharing Model (RSM) terms
    • Current fiscal terms
    • Revenue Sharing Model (RSM) Terms
      • State equity participation
      • Bonus, rental and fees
      • Indirect taxes
      • Royalty
      • Cost recovery
      • Revenue sharing
      • Contract period
      • Corporate income tax
    • Production Sharing Contracts (PSCs)
      • State equity participation
      • Bonus, rental and fees
      • Signature bonuses
      • Production bonuses
    • Indirect Taxes
      • Value Added Tax (VAT)
      • Import duties
      • Withholding tax on sub-contractors
      • Royalty and other production taxes
      • Royalty
      • NELP Rounds
    • CBM Policy
      • State equity participation
      • Bonus, rental and fees
    • Indirect Taxes
      • Value Added Tax (VAT)
      • Import duties
      • Withholding tax on sub-contractors
      • Royalty
      • Profit split
    • 13 more item(s)...

Tables and charts

This report includes the following images and tables:

  • Liquids Production
  • Gas Production
  • Key facts: Table 1
  • Location maps: Image 1
  • Reserves and contingent resources at 01/01/2024
  • Liquids and Gas Production 2024
  • Net Acreage 2024
  • Liquids and Gas Production and Reserves
  • Reserves and resources: Table 1
  • Sedimentary Basins Map
  • Blocks Awarded and Relinquished
  • Active NELP blocks
  • 48 more item(s)...

What's included

This report contains:

  • Document

    Country Overview

    PDF 15.52 MB