India’s Hydrocarbon Outlook 2024 26 A Report on Exploration & Production Activities Initiatives for Ease of Doing Business The Government has prioritized the ease of doing business in the Exploration and Production (E&P) sector, with the goal of boosting investment and production. The simplification of procedures and processes results in a more transparent and efficient system, which encourages investment in the sector. In the era of digital revolution, the government is striving to enhance process efficiency and improve the delivery of government services. A range of measures have been implemented to simplify and digitize the processes throughout the E&P sector’s value chain. DGH, under the Ministry of Petroleum and Natural Gas (MoPNG), has taken numerous steps to facilitate and streamline the process of granting Licenses and Clearances. Moreover, the government has introduced several systematic reforms in the sector, including the ‘Self-Certification’. This allows for major processes/approvals to be granted swiftly based on self-certification. In line with this vision, the Government, through DGH, has launched a variety of applications and systems. These tools assist operators with smooth operations, transparent contract management, expedited approval & clearance grants, and engagement with potential investors. 1. Production Sharing Contract Management System (PSCMS): Launched on 1st April 2019, PSCMS is a workflow-based system with 61 PSC processes requests for approval to clear proposals and manage contracts contract management for PSC Blocks/Fields. 2. PSC Self-certification (Simplification of procedures and processes under Production Sharing Contract of Pre-NELP/ NELP Blocks) Under the Self-Certification, the contractual processes have been placed online and the contractors are required to submit proposals on a self-certification basis in a standardized format. 3. Petroleum Exploration Lease/Petroleum Mining Lease Data Management System: Launched on 5th November 2019, PEL/ PML application is an online application for operators to apply for PEL/PML under various contractual regimes (Nomination/ PSC/RSC/CBM). 4. Production Database Management System (PDMS): An online Production Database Management System (PDMS) has been implemented wherein all oil and gas production data on daily basis is uploaded by operators for Nomination and PSC regime. The portal enables to view, monitor and analyze block, field and asset wise production. 5. Revenue Management System (RMS): The system aims to collate the details of Revenue generated in respect of sale of oil, gas and condensates produced in the block. This also facilitates monitoring of Royalty (currently functional for offshore blocks) & Profit Petroleum (PP). Integration of RMS Application with Bharatkosh has gone live from 01.04.2021. 6. Accounts Management System: The system captures electronically and collates the details of audited accounts submitted to DGH. 7. Non-Tax Remittance Management System: The system is aimed to overcome the reconciliation the system is aimed to collate Details of remittance/payment made (towards Non-Tax Revenue) to Pay & Account office of MOP&NG/State Government under PSC/CBM contracts under the following heads and interest thereon. 8. EOI Submission portal for OALP: EOI submission portal was launched in 2016 for the operators to submit Expression of Interest (EOI) for the identified blocks under OALP bid rounds.
RkJQdWJsaXNoZXIy MTE0OTM0OQ==