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Open Acreage Licensing Policy (OALP) Bid Round-II An investor friendly paradigm to boost domestic output Directorate General of Hydrocarbons Ministry of Petroleum and Natural Gas Government of India

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Page 1: Ministry of Petroleum and Natural Gas Government …online.dghindia.org/oalp/Files/pdf/OALP2_Brochure.pdfEmail – ebidding@dghindia.gov.in Formation of Consortium Fulfilment of Qualification

Open Acreage Licensing Policy (OALP) Bid Round-II

An investor friendly paradigm to boost domestic output

Directorate General of Hydrocarbons

Ministry of Petroleum and Natural Gas Government of India

Page 2: Ministry of Petroleum and Natural Gas Government …online.dghindia.org/oalp/Files/pdf/OALP2_Brochure.pdfEmail – ebidding@dghindia.gov.in Formation of Consortium Fulfilment of Qualification

Areas offered for submission of EoI under OALP

Note – Min. 1’X1’ Grid allowed for adjoining areas to existing blocks and areas where it is not possible to carve 10'X10' Gridth*As on 30 November 2018

Available for Petroleum Operation Contract only

Available for Reconnaissance Contract and Petroleum Operation Contract

1 Degree X 1 Degree Map

BIDDERS CAN CARVE OUT THEIR OWN BLOCKS (MIN 10’ X 10’ GRID – 336 SQ. KM)

26 Sedimentary Basin

Sufficient Data

Moderate to Sparse Data

1.99 million LKM of 2D seismic data

0.70 million SKM of 3D seismic data

• 15,712 Well and log Data• 32,142 Well Reports• 14,464 Seismic Reports• 21,302 Scanned Logs

Total Area offered across

ZONE - i

ZONE - II & III

Data Available on NDR*

Zone II & IIIZone I

Page 3: Ministry of Petroleum and Natural Gas Government …online.dghindia.org/oalp/Files/pdf/OALP2_Brochure.pdfEmail – ebidding@dghindia.gov.in Formation of Consortium Fulfilment of Qualification

MMTOE: million metric tonnes of oil equivalent

Map showing basinal spread of 14 OALP Bid ROUND -ii blocks for 29,233 Sq. Km area

5- Krishna Godavari Ultra Deep water: 1. Undiscovered Resources: 7,578 MMTOE

6-Mahanadi . Onland: 4. Shallow Water: 1. Undiscovered Resources: 574 MMTOE

7-Andaman . Shallow Water: 2. Undiscovered Resources: 369 MMTOE

1-Rajasthan

4-Cauvery . Onland: 1. Undiscovered Resources: 1,672 MMTOE

2-Kutch . Shallow Water: 2. Undiscovered Resources: 827 MMTOE

3-Cambay . Onland: 2. Undiscovered Resources: 786 MMTOE

. Onland: 1

. Undiscovered Resources: 3,189 MMTOE

Page 4: Ministry of Petroleum and Natural Gas Government …online.dghindia.org/oalp/Files/pdf/OALP2_Brochure.pdfEmail – ebidding@dghindia.gov.in Formation of Consortium Fulfilment of Qualification

Blocks on offer under HELP Open Acreage Licensing Programme Bid Round-II

Page 5: Ministry of Petroleum and Natural Gas Government …online.dghindia.org/oalp/Files/pdf/OALP2_Brochure.pdfEmail – ebidding@dghindia.gov.in Formation of Consortium Fulfilment of Qualification
Page 6: Ministry of Petroleum and Natural Gas Government …online.dghindia.org/oalp/Files/pdf/OALP2_Brochure.pdfEmail – ebidding@dghindia.gov.in Formation of Consortium Fulfilment of Qualification

E-Bidding Process

Registration using PAN (Indian) and CIN or equivalent

(Foreign)

*PAN – Permanent Account Number*CIN – Company Identification Number

*CWP – Comitted Work Programme*LRP – Low Revenue Point*HRP – High Revenue Point

E-Bidding Portal Key Features • STQC certified

• Facilitates bidding as per the rules of OALP and Notice Inviting Offer

• Confidential and Sealed bids through two envelope single stage bidding process

• Provision to bid alone or through subsidiary or by forming consortium with other company/ies

• Bids signed and encrypted using class III Digital Signature

• Provision for revision of bids any number of times and the latest submission will be treated as

the final one

• 24X 7 customer care assistance is available @ (+91-33) 66011707, 44091707;

Email – [email protected]

Formation of Consortium

Fulfilment of Qualification Criteria both Financial and

Technical

Provision to revise or change your Bid before Bid Closing date

Preview and Submission of Bid

Bid Parameter Quantum for CWP and Quote for GoI Revenue

Share at LRP & HRP

Bid Evaluation & Declaration of

final result

Page 7: Ministry of Petroleum and Natural Gas Government …online.dghindia.org/oalp/Files/pdf/OALP2_Brochure.pdfEmail – ebidding@dghindia.gov.in Formation of Consortium Fulfilment of Qualification

Bid Evaluation Terms and Criteria

Description

Score 5 45 50• Available to the

EoI submitting

party only on a

First Come First

Served basis

• Evaluated based on three

main criteria:

- 2D Seismic surveys (LKM)

+ 3D Seismic surveys

(SKM)–25 Marks*

- No. of exploratory wells

– 15 Marks

- No. of core analysis (for

shale resources) – 5

Marks

• NPV of revenue share

offered to the

government based on

the bid rates against

LRP and HRP (Low/High

Revenue Point)

• Discount Rate: 10% p.a.

• Stabilization period: 2,

3 and 5 years for

onland, shallow and

deep/ultradeep water

respectively

Originator Incentive

Work Programme Commitment

Revenue Share

Parameter

e-bidding URL: https://ebidding.dghindia.gov.in

For Petroleum Operations Contract, bidders would be evaluated based on three parameters under the Revenue Sharing fiscal regime

*weighted seismic programme will be calculated by considering the following weightage:

For Onland For Offshore

2D - 12.5% | 3D - 87.5% 2D - 25% | 3D - 75%

Page 8: Ministry of Petroleum and Natural Gas Government …online.dghindia.org/oalp/Files/pdf/OALP2_Brochure.pdfEmail – ebidding@dghindia.gov.in Formation of Consortium Fulfilment of Qualification

DGH INDIA @DGHIndiaDGH India DGH India

Ministry of Petroleum & Natural Gas (Government of India)

Directorate General of Hydrocarbons

Website: http://www.dghindia.gov.in Email: [email protected]

Phone: 0120-2472000 | Fax: 0120-2472049

Important Timelines for OALP Bid Round-IIActivity Date

Launchth

7 January 2019

Bid Start Dateth

8 January 2019

Bid Closing Date th12 March 2019

1,514

13,6349,617

417

474

2,544

1,032

KG Basin

Mahanadi Basin

Andaman Basin

Rajasthan Basin

Cauvery Basin

Kutch Basin

Cambay Basin

Basin-wise Admissible Area (Sq. Km.)

Approximate Admissible Area (Sq. Km.)

1,514

13,986 13,733

Offered BlockS Statistics of OALP Bid Round-II

Shallow Water

Onland

Ultra Deep Water