India's Hydrocarbon Outlook Report - 2023-2024

India’s Hydrocarbon Outlook 2024 163 A Report on Exploration & Production Activities Overview of Petroleum Operations in Blocks awarded under OALP i. Status of grant of Petroleum Exploration Licence (PELs), as of 31th March 2024 Total 177 Petroleum Exploration License (PEL) were involved in 144 blocks awarded in Eight rounds of bid, out of which 156 PELs for an area of 225,978 sq.km have been granted till 31st March 2024. Two numbers of PEL were denied by Union Territory of Puducherry for an area of 40.53 sq. km. Further 10 PEL of an area of 7,136.41 sq. km was not granted by the State Govt. of Tamil Nadu, Andhra Pradesh and Union Territory of Puducherry. This area has been surrendered. 08 PELs for an area of 7450 sq. km. are pending from various State Government while Operator has not applied for PEL in one block with an area of 1200 sq.km. Summary of status of PELs is as under *Some of the awarded blocks falls under the jurisdiction of multiple states hence the number of PELs are more than the number of awarded blocks. ** Due to Non-grant of PEL in the State of Tamil Nadu, Puducherry & Andhra Pradesh, the Block/Part Area is surrendered by the Contractor. OALP Bid Round Total No of PELs PEL Granted PEL Pending PEL Denied OALP I 76 66 2 8** OALP II 18 17 1 0 OALP III 21 15 2 4** OALP IV 7 7 0 0 OALP V 13 13 0 0 OALP VI 24 22 2 0 OALP VII 8 8 0 0 OALP VIII 10 8 2 0 Total 177 156 9 12 Table 6.14: Summary Status of PELs on OALP rounds

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