India's Hydrocarbon Outlook – 2022-2023

Key Highlights of 2022-23 (PROVISIONAL) 29.2 MMT Crude Oil Production 34.5 BCM Natural Gas Production 51,112 Sq. Km. Exploration acerage awarded under OALP-VI & VII bid rounds 11 Hydrocarbon Discoveries ONGC Nomination: 5, OIL Nomination: 1, Contract Regime: 5 63 Active PSCs 9 Pre-NELP Exploration, 21 Pre-NELP Fields, 33 NELP PSCs 168 Active RSCs and 12 Active CBM Blocks RSC: 119 in HELP & 49 in DSF 358 Active Nomination Acreages 8 PEL and 350 PML Acreages 624 Wells Drilled 111 Exploratory/Appraisal, 513* Development Wells (including CBM) 6690 certificates for purchase of indigenous goods issued * including side track wells MMTOE (Million Tonne Oil Equivalent)