India's Hydrocarbon Outlook – 2022-2023

33 DGH: 3 DECADES OF UNLOCKING INDIA'S HYDROCARBON POTENTIAL 2010 • NELP-IX launched with 34 blocks on offer • Domestic Natural Gas Pricing guidelines • Approval and launch of Hydrocarbon • Resource Reassessment Study • Discovered Small Field Policy 2014 2015 2016 • Approval of Hydrocarbon Exploration Licensing Policy (HELP) • Marketing and Pricing freedom for new gas production from Deepwater, Ultra Deepwater and High Pressure- High Temperature Areas • Launch of Discovered Small Fields Bid Round 2016 • Launch of National Seismic Programme • GIPIP • Policy for grant of extension to Production Sharing Contracts for Small and medium sized discovered fields 2017 • Launch of NDR • Launch of HELP through OALP • Early monetization of CBM • Extension policy for Pre-NELP Contracts 2018 • Launch of OALP Bid Round-I, DSF Bid Round-II • Enhanced Recovery Policy 2019 2020 • Launch of OALP Bid Round II, III, IV & V • Self-Certification of PSC processes • Natural Gas Marketing Reforms, 2020 2021 2022 • Launch of OALP Bid Round VI & VII • Launch of DSF-III Bid Round • Launch of SCBM-2021 2022 2023 • Launch of OALP Bid Round - VIII • Launch of OALP Bid Round - IX • Launch of SCBM-2022