Asset Report
PY-1
*Please note that this report only includes an Excel data file if this is indicated in "What's included" below
Report summary
The PY-1 gas field lies offshore south-east India in the Cauvery Basin, 18 kilometres from land. Although discovered in 1980 by ONGC, development was delayed because of the field's modest reserves.In 1995, the field was awarded to a consortium of Hindustan Oil Exploration Company (HOEC), Mosbacher and Tata Petrodyne but development work only started in 2007.
Table of contents
- Summary
-
Key Issues
- Price revision
- Sales Contract Amendment
- Original PSC
- Post-2020 PSC extension
- Cash Flow
- Gas price
- Global Economic Model (GEM) File
- Cash Flow
- Indicative Technical Valuations
Tables and charts
This report includes the following images and tables:
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Index MapPY-1 MapParticipation
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Reserves (2P) at 01/01/2026Contingent Resources (2C) at 01/01/2026Production (2015-2024)Production ProfileCapital Costs Pre-2007 to 2015 (US$ million)Operating Costs 2024 to 2033 (US$ million)Cash Flow (US$)PV Table (US$)
- 7 more item(s)...
What's included
This report contains:
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