India’s Hydrocarbon Outlook 2024 31 A Report on Exploration & Production Activities 2023-2024 First Oil Production from Challenging Deep Water Block KG-DWN-98/2 (Cluster-II) in KG-Basin • Launch of OALP Bid Round - VIII • Launch of OALP Bid Round - IX • Launch of SCBM-2022 • Launch of OALP Bid Round VI & VII • Launch of DSF-III Bid Round • Launch of SCBM-2021 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 • Launch of OALP Bid Round II, III, IV & V • Self-Certification of PSC processes • Natural Gas Marketing Reforms, 2020 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 2019-2020 2020-2021 2022 2023
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