The Oil Ministry proposes to raise the governmentĂÂŽs share by 5 per cent and insist on explorers accepting Delhi as the seat of any future arbitration, irrespective of any other provision in the agreement, for granting extension to production sharing contracts for small and marginal fields.
Tag: Directorate General of Hydrocarbons
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CMPDI data on shale gas
Central Mine Planning & Design Institute (CMPDI) submitted data package for six shale gas blocks to the Directorate-General of Hydrocarbons.
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CMPDI submits data on shale gas blocks
Central Mine Planning & Design Institute (CMPDI) submitted data package for six shale gas blocks to the Directorate-General of Hydrocarbons. These include two blocks in Ranigunj coalfields of the Damodar basin in West Bengal. They are most prolific with a reserve potential of 50 billion cubic metre. The others are in Jharia, also in the Damodar basin, and in the
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RIL says DGH responsible for delay in D-6 block progress
Reliance Industries (RIL) has blamed the Directorate General of Hydrocarbons (DGH) for the delay in developing gas blocks in KG-D6 in Andhra Pradesh. DGH has asked RIL to give up 6,601 sq km out of the total 7,645 sq km area in the block on the grounds that the time line to develop the fields had expired.
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RIL denied approval for $3.5 bn development plan
Owing to the absence of Drill Stem Tests (DSTs) to confirm the finds, the Directorate General of Hydrocarbons (DGH) refused to take forward the development plan of Reliance Industries' (RIL) in block NEC-25. RIL failed to conduct the above tests to confirm discovery in the NEC-25 block, off the Odisha coast. The firm made discoveries in D-32, D-40, D-9 and D-10 in the Block NEC-OSN-97/2 (NEC-25) and it sub
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Govt steps to unlock shale gas reserves
The government is taking steps to unlock the potential of shale gas reserves in India in order to bridge the ever rising demand for energy. The country is dependent on import to meet over 70 per cent of crude oil and this is expected to change if we successfully explore shale gas reserves
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DGH not inclined to clear RIL proposal
The Directorate General of Hydrocarbons (DGH), the technical arm of the union petroleum ministry, is not in favour of approving the Reliance Industries' (RIL) proposal to conduct separate testing for D-29, 30 & 31. Earlier in May, the firm sought permission for conducting separate tests at its three gas discoveries i.e D-29, 30 & 31. This is a shift away from the com
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Cairn may not get relinquished blocks on nomination basis
The Directorate General of Hydrocarbons (DGH) opined that Cairn India can repossess the almost 8,000 square kilometre of area in its prolific Rajasthan block
only by participating in future NELP or Open Acreage Licensing Policy (OPAL) bidding. It may be recalled that Cairn India requested the government to return the area that it previously relinquished as it did not find oil or
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Oil secy urges officals to act fast on approvals
Following a grim assessment by the Directorate General of Hydrocarbons (DGH), Union Petroleum Secretary Vivek Rae urged officials in his ministry to act fast on clearing oil and gas projects. It may be noted that the oil ministry's technical arm DGH said officials of the ministry are yet to clear 268 files relating to various projects for
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DGH calls for review of DoC for RIL’s block
Media reports suggest that the Directorate General of Hydrocarbons (DGH) asked the union oil ministry to convene a meeting of the Management Committee (MC) to review the Declaration of Commerciality (DoC) for D-35 block. The block, which is also named CY-DWN-2001/2 block, was discovered by Reliance Industries (RIL) in 2007
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