India’s Hydrocarbon Outlook 2024 103 A Report on Exploration & Production Activities 3.1 Seismic Activities In FY 2023-24, majority of the data acquisition was carried out under Nomination and RSC regime (in OALP Blocks). Total 3D seismic data acquired in FY 2023-24 was 15700.57 SKM Out of which approximately 8828 SKM data was acquired by NOCs under Nomination Regime while 6872 SKM were acquired by NOCs/JVs/ Pvt. companies under OALP. This year the focus was on offshore basins which resulted in the 3D data acquisition of 10532.70 SKM (approximately 67 % of total 3D data acquisition), while 5167.87 SKM 3D seismic data was acquired in Onland area. Details of exploratory activities in Nomination, PSC regime & RSC regime in FY 2023-24 are compiled in Table 3.1. Table 3.1: Exploratory efforts in Nomination & PSC regime during FY 2023-24 Sl. No Subject Parameter ONGC (Nomination) OIL (Nomination) Contract Regime (PSC+RSC+CBM) Total 1 2D Seismic data acquired Onland (GLKM) 971.81 0.0 1404 2375.81 Offshore (GLKM) 0.0 0.0 0 0.0 Total 2D Seismic 971.81 0.0 1404 2375.81 2 3D Seismic data acquired Onland (SKM) 2334.30 240.57 2593 5167.87 Offshore (SKM) 6253.70 0.0 4279 10532.7 Total 3D Seismic 8588 240.57 6872 15700.57 Table-3.2 Drilling Activities in Nomination & PSC regime during FY 2023-24 Sl. No Subject Parameter ONGC (Nomination) OIL (Nomination) Contract Regime (PSC+RSC+CBM) Total 1 Exploratory wells drilled Onland 57 12 26 95 Offshore 24 0 13 37 Total Exploratory wells 81 12 39 132 2 Development wells Onland 337 44 137 518 Offshore 87 0 04 91 Total Development wells 424 44 141 609 3.2 Drilling Activities During FY 2023-24, a total of 132 exploratory wells (including Onland and offshore) were drilled, while a total of 609 development wells were drilled by NOCs and Pvt. /JVs. Majority of the wells were drilled by ONGC in its onland nomination areas. Country’s Drilling activities are summarized in Table 3.2.
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