Jan. 29, 2019

DGH expects hydrocarbon exploration area to double by 2020

The Government of India is expecting hydrocarbon exploration area to double to 300,000 sq km by 2020. While the first round of licensing under OALP has already increased the exploration area to 150,000 sq km last year, the second and third rounds are expected to double this figure. An official from DGH revealed that the access to seismic data has enabled the government to offer new acreages to companies.

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