India's Hydrocarbon Outlook – 2022-2023

142 DGH: 3 DECADES OF UNLOCKING INDIA'S HYDROCARBON POTENTIAL Table 6.1: Status of awarded Contract Areas (CAs) under DSF-I (as of 28 th February 2023) Total awarded area: 777 Sq. Km Basin No. of Contract Areas (CAs) Active PML Awaited Relinquished/ Terminated Total Assam- Arakan fold belt 2 2 Assam Shelf 5 1 1 7 Cambay 5 0 5 Cauvery 2 0 2 Krishna Godavari 3 1 1 5 Kutch 1 1 Mumbai 2 3 5 Rajasthan 2 2 Vindhyan 1 1 DSF-I Total 15 4 11 30 6% PML not granted 43% Relinquished / Terminated 51% Active Figure 6.1: Acreage under DSF-I Bid Round as of 28 th Feb 2023 ii. Discovered Small Field Bid Round-II (2018) Following the successful implementation of DSF Bid Round I-2016, Government proceeded to extend the DSF Policy of 2015 for future DSF Bid Rounds in April 2018. This extension encompasses all the benefits of the original DSF Policy while reducing and aligning applicable royalty rates to the Hydrocarbon Exploration & Licensing Policy (HELP). On 9 th August 2018, DSF Bid Round-II was launched, offering 25 Contract Areas for International Competitive Bidding. This round covered 59 discovered oil and gas fields, occupying area of 3,042 Sq.kms, and boasting prospective resource base of 190 MMT (O+OEG). Out of the total 145 e-bids received, 103 e-bids were received for onland contract areas, while 42 e-bids were received for