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Size (and location) matters: India announces 2016 Discovered Small Fields awards

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Report summary

India awarded 31 of the 46 contracts offered under the 2016 Discovered Small Fields bid round. These contracts consist of 44 fields with estimated in place volumes of 424 mmboe, 72% of which is in shallow waters. The 31 contracts are spread across 16 operators, 15 of which are Indian entities. Bharat Petro Resources Limited (BRPL), was awarded five blocks, the most of any awardees. The revenue sharing model (RSM) regime is now active, removing cost recovery but allowing full marketing and pricing freedom.

What's included

This report contains

  • Document

    India discovered fields bid round results.xls

    XLS 188.50 KB

  • Document

    Size (and location) matters: India announces 2016 Discovered Small Fields awards

    PDF 295.25 KB

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    Size (and location) matters: India announces 2016 Discovered Small Fields awards

    ZIP 370.84 KB

Table of contents

Tables and charts

This report includes 5 images and tables including:

Images

  • Contracts by shore status
  • Contract awards by operator type
  • Government share of post-royalty revenue bid by winning companies
  • D-18 cluster value analysis
  • Dipling cluster value analysis

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