GOVERNMENT OF INDIA

MINISTRY OF PETROLEUM AND NATURAL GAS

LOK SABHA

UNSTARRED QUESTION NO: 3523

ANSWERED ON:26.04.2012

PRODUCTION FROM KG BASIN

ANANT KUMAR HEGDE

(a) the details of oil blocks awarded to Oil and Natural Gas Corporation (ONGC) in Krishna Godavari (KG) Basin where production has not yet started;

(b) the total estimated oil reserves in such blocks where production is yet to take off alongwith the dates on which these oil blocks were awarded and the target date of production therefrom;

(c) whether the target of starting production from the said blocks has been achieved; and

(d) if not, the reasons therefor and the time by which production is likely to commence from these oil blocks?

Will the Minister of PETROLEUM AND NATURAL GASbe pleased to state:-

ANSWER

MINISTER OF STATE IN THE MINISTRY OF PETROLEUM & NATURAL GAS

(SHRI R.P.N. SINGH)

 (a):ONGC is presently, operating in 19 exploration blocks in KG basin. Out of these, 05 blocks are awarded to ONGC on nomination basis and 14 were awarded in different rounds of New Exploration Licensing Policy (NELP). As a result of exploration activities carried out during current phase/cycle, a number of hydrocarbon discoveries have been made in seven of these blocks (five nomination PEL and two NELP). Out of the 29 discoveries made in these blocks during the current phase/cycle, production has already started from 10 of them.

(b)The total estimated inplace reserves as on 01.04.2012 in the blocks where production is yet to start is 279.44 Million tonnes of oil equivalent (MMtoe).