India's Hydrocarbon Outlook – 2022-2023

15 DGH: 3 DECADES OF UNLOCKING INDIA'S HYDROCARBON POTENTIAL Assess and oversee the exploration program and development plans for commercial discoveries of hydrocarbon reserves proposed by the licensee or lessee with the goal of maximizing hydrocarbon recovery from a reservoir in accordance with widely recognized international petroleum industry practices; Evaluate the management of petroleum reservoirs by the licensee or lessee and provide guidance on any measures that may ensure proper management of the petroleum reservoirs, including their preservation, in accordance with widely recognized international petroleum industry practices; Request and maintain in a readily retrievable form all geo-scientific data, reports, and information from the licensee or lessee and store and preserve data and samples related to petroleum exploration, drilling, production, and related activities; Review the reserves discovered by the licensee or lessee in accordance with widely recognized international petroleum industry practices; Establish guidelines for the declaration or announcement of discoveries by the licensee or lessee; Exercise the authority of the Central Government as given in Rules 24,25,26,27 and 30 of the Petroleum and Natural Gas Rules, 1959; Monitor oil and gas production and royalty or any other charges, fees, or levies, and where appropriate, cost petroleum, etc., due to the Central Government, to ensure that accurate royalty and other statutory charges are received by the due date. In cases where the Central Government has signed a Production Sharing Contract or a contract or an agreement for the exploration and production of hydrocarbons, the powers and functions shall be discharged by the Directorate General of Hydrocarbons in accordance and consistent with the respective Production Sharing Contract or contract or agreement. Empowering for approval of Excusable Delays under the Policy for Extension in Exploration Phase, dated 18.04.2006 Empowering for approval of cost recovery in excess of Appendix H estimates in respect of PSCs signed under NELP-V to NELP-IX, except in case of S-type exploration blocks Empowering for notification of Audit Exceptions in PSC and prescribing timeframe for appointment of auditors and carrying out of audit. New responsibilities assigned to DGH by Government through Gazette notification dated 1 st September 2006 Government delegates new responsibilities under Production Sharing Contracts to DGH through new office order dated 25th June 2018