DSF BID ROUND-III

July 31, 2021

Minister of Petroleum and Natural Gas launched the Discovered Small Field (DSF) Bid Round-III.

About:

Under the bid round, 75 discoveries across 32 Contract areas in 11 basins/locations are being offered. Estimated Hydrocarbon in place of approximately 232 MMTOE of oil and oil equivalent gas are on offer.
In the earlier two rounds, 54 contracts were awarded to 27 companies including 12 new entrants.

Source : PIB

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