India's Hydrocarbon Outlook Report - 2023-2024

India’s Hydrocarbon Outlook 2024 60 A Report on Exploration & Production Activities • Since May 2023 the complete geoscientific datasets of three offshore basins namely Andaman, Mahanadi and Bengal are independently studied by University of Houston (UH), Texas, USA under the scope of MoU with DGH and these data are also part of the UH-DGH Data Center set up for view and purchase by prospective bidders. • Offshore datasets are also provided to Universities and Institutes as a part MoUs on basin research. University of Western Australia (UWA), Perth carried out stratigraphic and geomorphologic analysis on deepwater deposits of Bengal subbasin. Similarly, Indian Institute of Petroleum Energy (IIPE), Visakhapatnam, India conducted an independent study of KeralaKonkan basin. • Under GoI-sponsored programme, titled “EEZ Survey” to fulfill data gaps in India’s EEZ, 2D seismic survey (79,540 LKM) was conducted in West coast (46,453 LKM), East coast (8,234 LKM) and Andaman (24,853 LKM). • In another collaborative initiative and as a support of claim of India’s Extended Continental Shelf (ECS) beyond EEZ by Ministry of Earth Sciences, DGH has planned 30,000 LKM of close-spaced 2D seismic survey, covering both in eastern and western offshore. • In a recent initiative (February 2024), GoI has approved drilling of 4 stratigraphic wells in deepwater, one each in Andaman, Mahanadi, Bengal and Saurashtra. These wells will be proposed by NOCs in consultation with international experts. COLLABORATIVE STUDIES AND OPPORTUNITIES IN OFFSHORE:

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