42 companies submits 134 e-Bids under Discovered Small Fields Bid Round 2016
In line with Prime Minister, Shri Narendra Modi's Vision for reduction of the India's oil imports by 10% by 2022, Ministry of Petroleum of Natural Gas (MoPNG) announced Discovered Small Field (DSF) Bid Round 2016 on 25th May 2016, offering 46 contract areas across 9 sedimentary basins, for development.
Directorate General of Hydrocarbons (DGH) received 134 e-Bids for the 34 contract areas under the Discovered Small Fields (DSF) Bid Round 2016 by the deadline of 1200 Hours on 21st November 2016. The bid round took place in a challenging global market environment when the oil & gas prices have been volatile and the investment in the exploration & production sector has seen substantial decline. Despite the above challenges, the response to DSF Bid round has been very favorable and exceeded expectations of all experts. It has not only attracted the interest of the oil & gas companies but also attracted the interest of the first time investors in E&P sector. Shri. Dharmendra Pradhan, Minister, Petroleum and Natural Gas along with his team undertook various interactive sessions and roadshows in India and other countries like US, UK, Canada, Singapore and UAE and encouraged participation from investor community. During the interactions, several issues raised by the prospective investors were addressed by the officials led by Shri K.D Tripathi, Secretary, Ministry of Petroleum and Natural Gas.
Out of the total 134 e-bids received, 120 e-bids were received for onland areas and 14 e-bids were received for offshore areas. As many as 42 companies (Individually or as member of the bidding consortium) have participated in the bid round. The response to the DSF Bid Round has been overwhelming as compared to the last round of E&P auctions under the NELP regime in 2009-10, largely credited to the new policy reforms which have improved the ease of doing business by introducing a transparent and transparent regulatory framework. Despite smaller contract areas on offer in the DSF Bid Round, the response from private companies was overwhelming; around 37 private sector players submitted e-bids as against 27 private companies, during the NELP-IX.
Considering the fact that most of bidders were private players, response to onland contract areas were much larger than that for offshore contract area. All the 26 onland contract area received e-bids while 8 out of 20 offshore contract areas have received e-bids. Five foreign companies have also submitted the bids.
The technical bid documents (online and hard copies) were opened on 21st November at DGH's Noida office in the presence of the all the bidders. The evaluation of the bids would be undertaken in a time bound manner and it is expected that the contract areas would be awarded expeditiously. The Government endeavors to award the contract areas at the earliest, so as to expedite the monetization of the hydrocarbon production from these fields.
Summary of e-bids received under the Discovered Small Field Bid Round
Total Contract Areas
|
Bids received for (No. of Contract Areas)
|
Total Number of e-Bids
| |
Total
|
46
|
34
|
134
|
Onland
|
26
|
26
|
120
|
Offshore
|
20
|
8
|
14
|
Total No. of Companies
|
PSUs/Subsidiary
|
Indian Private Companies
|
Foreign Private Companies
|
42
|
5
|
32
|
5
|
Details of the bids received under the Discovered Small Field Bid Round
S.No.
|
State
|
Contract Area Name
|
No. of Bids received
|
Name of Bidders
|
1
|
Assam
|
HILARA-DSF-2016
|
1
|
1. Prize Petroleum Company Ltd
|
2
|
LAXMIJAN Cluster-DSF -2016
|
8
|
1. Gem Laboratories Pvt. Ltd
2. Megha Engineering & Infrastructure Ltd
3. Quippo Oil &Gas Infrastructure Limited
4. Oilmax Energy Pvt. Ltd
5. Nippon Power Ltd
6. Invenire Energy Pvt. Ltd
7. Consortium of Ramayana Ispat Pvt. Ltd., Duggar Fiber Pvt. Ltd, BDN Enterprises Pvt. Ltd and Mahindra Infrastructure Pvt. Ltd
8. Akhil Teja Natural Resources Ltd
| |
3
|
PATHARIA Cluster-DSF-2016
|
3
|
1. Global Coal & Mining Pvt. Ltd
2. Vijayasri Bhaskar Industries Pvt. Ltd
3. Akhil Teja Natural Resources Ltd
| |
4
|
BARSILLA-DSF-2016
|
3
|
1. Nippon Power Ltd
2. Consortium of Ramayana Ispat Pvt Ltd., Duggar Fiber Pvt. Ltd, BDN Enterprises Pvt. Ltd and Mahindra Infrastructure Pvt. Ltd
3. Akhil Teja Natural Resources Ltd
| |
5
|
CHARAIDEO-DSF-2016
|
6
|
1. Essel Group Middle East
2. Megha Engineering & Infrastructure Ltd
3. Quippo Oil &Gas Infrastructure Limited
4. Oilmax Energy Pvt. Ltd
5. Consortium of Ramayana Ispat Pvt. Ltd., Duggar Fiber Pvt. Ltd, BDN Enterprises Pvt. Ltd and Mahindra Infrastructure Pvt. Ltd
6. Akhil Teja Natural Resources Ltd
| |
6
|
DIPLING Cluster-DSF-2016
|
12
|
1. Gem Laboratories Pvt. Ltd
2. Bharat Petro Resources Limited
3. Essel Group Middle East
4. Megha Engineering & Infrastructure Ltd
5. Akhil Teja Natural Resources Ltd
6. Quippo Oil &Gas Infrastructure Limited
7. Nippon Power Ltd
8. Indian Oil Corporation Limited
9. Enquest Drilling Pvt. Ltd
10. Invenire Energy Pvt. Ltd.
11. Cairn India Limited
12. Consortium of Ramayana Ispat Pvt. Ltd., Duggar Fiber Pvt. Ltd, BDN Enterprises Pvt. Ltd and Mahindra Infrastructure Pvt. Ltd
| |
7
|
DUARMARA-DSF-2016
|
3
|
1. Consortium of Hindustan Oil Exploration Company Ltd, Oil India Limited and Prize Petroleum Company Ltd
2. Oilmax Energy Pvt. Ltd
3. Cairn India Limited
| |
8
|
JERAIPATHAR-DSF-2016
|
2
|
1. Indian Oil Corporation Limited
2. Akhil Teja Natural Resources Ltd
| |
9
|
Arunanchal Pradesh
|
KHEREM-DSF-2016
|
4
|
1. Consortium of Hindustan Oil Exploration Company Ltd, Oil India Limited and Prize Petroleum Company Ltd
2. Bharat Petro Resources Limited
3. Oilmax Energy Pvt. Ltd
4. Akhil Teja Natural Resources Ltd
|
10
|
Gujarat
|
ELAO-DSF-2016
|
7
|
1. Nippon Power Ltd
2. Sun Petrochemicals Pvt. Ltd.
3. Worldwide Oilfield Machine Middle East
4. Gem Laboratories Pvt. Ltd
5. PFH oil & Gas Pvt. Limited
6. Joshi Technologies Inc.
7. Cheval Developers Pvt. Ltd
|
11
|
SOUTH PATAN-DSF-2016
|
19
|
1. BND Energy Pvt. Ltd
2. Gopalka Savings & Investment Pvt. Ltd
3. Gem Laboratories Pvt. Ltd
4. Essel Group Middle East
5. GAIL (India) Limited
6. Megha Engineering & Infrastructure Ltd
7. Worldwide Oilfield Machine Middle East
8. Quippo Oil &Gas Infrastructure Limited
9. Sun Petrochemicals Pvt. Ltd.
10. South Asia Consultancy
11. Wind lass Engineers and Service Pvt. Ltd
12. Consortium of Oilmax Energy Pvt. Ltd, Oil India Limited, Indian Oil Corporation Limited and Hindustan Oil Exploration Company
13. Nippon Power Ltd
14. Suraj Impex (India) Pvt. Limited
15. Nandan Petrochem Ltd
16. Invenire Energy Pvt. Ltd.
17. Consortium of Ramayana Ispat Pvt. Ltd., Duggar Fiber Pvt. Ltd, BDN Enterprises Pvt. Ltd and Mahindra Infrastructure Pvt. Ltd
18. Cheval Developers Pvt. Ltd
19. Akhil Teja Natural Resources Ltd
| |
12
|
KHAMBEL-DSF-2016
|
11
|
1. Nippon Power Ltd
2. Sun Petrochemicals Pvt. Ltd.
3. Worldwide Oilfield Machine Middle East
4. Megha Engineering & Infrastructure Ltd
5. Gem Laboratories Pvt. Ltd
6. Ganges Georesources Pvt. Ltd
7. Hindustan Oil Exploration Company
8. Joshi Technologies Inc.
9. Nandan Petrochem Ltd
10. Cheval Developers Pvt. Ltd
11. Akhil Teja Natural Resources Ltd
| |
13
|
KAMBOI-DSF-2016
|
7
|
1. Ganges Georesources Pvt. Ltd
2. Worldwide Oilfield Machine Middle East
3. Sun Petrochemicals Pvt. Ltd.
4. Nippon Power Ltd
5. Suraj Impex (INDIA) Pvt. Limited
6. Cheval Developers Pvt. Ltd
7. Akhil Teja Natural Resources Ltd
| |
14
|
WEST BECHRAJI-DSF-2016
|
6
|
1. Nippon Power Ltd
2. Sun Petrochemicals Pvt. Ltd.
3. Worldwide Oilfield Machine Middle East
4. Megha Engineering & Infrastructure Ltd
5. Cheval Developers Pvt. Ltd
6. Akhil Teja Natural Resources Ltd
| |
15
|
Tamil Nadu
|
NEDUVASAL-DSF-2016
|
6
|
1. PFH oil & Gas Pvt. Limited
2. Kartikay Coal Washeries Pvt. Ltd.
3. Hindustan Oil Exploration Company Ltd
4. Gem Laboratories Pvt. Ltd
5. VenkatakrishnaParthasarathy Pvt. Ltd
6. Akhil Teja Natural Resources Ltd
|
16
|
KARAIKAL-DSF-2016
|
1
|
1. Bharat Petroresources Limited
| |
17
|
Andhra Pradesh
|
PALAKOLLU-DSF-2016
|
1
|
1. Akhil Teja Natural Resources Ltd
|
18
|
ACHANTA-DSF-2016
|
1
|
1. PFH oil & Gas Pvt. Limited
| |
19
|
LANKAPALEM-DSF-2016
|
1
|
1. Akhil Teja Natural Resources Ltd
| |
20
|
BHIMANAPALLI Cluster-DSF-2016
|
4
|
1. Enquest Drilling Pvt. Ltd
2. KEI-ROSS Petroleum & Energy Limited
3. Earnest Shipping & Ship Builders Limited
4. PFH oil & Gas Pvt. Limited
| |
21
|
MUMMIDIVARAM-DSF-2016
|
1
|
1. Akhil Teja Natural Resources Ltd
| |
22
|
KORAVAKA-DSF-2016
|
8
|
1. Consortium of Hindustan Oil Exploration Company Ltd and Adbhoot Estates Pvt. Ltd
2. Worldwide Oilfield Machine Middle East
3. KEI-ROSS Petroleum & Energy Limited
4. Megha Engineering & Infrastructure Ltd
5. Gem Laboratories Pvt. Ltd
6. Kartikay Coal Washeries Pvt. Ltd.
7. Semandhra Development Corp. Pvt. Ltd.
8. Akhil Teja Natural Resources Ltd
| |
23
|
SANARUDRAVARAM-DSF-2016
|
1
|
1. Prize Petroleum Company Ltd
| |
24
|
Rajasthan
|
BAKHRI TIBBA-DSF-2016
|
1
|
1. Bharat Petro Resources Limited
|
25
|
SADEWALA-DSF-2016
|
1
|
1. Bharat Petro Resources Limited
| |
26
|
Madhya Pradesh
|
NOHTA-DSF-2016
|
2
|
1. Indian Oil Corporation Limited
2. Akhil Teja Natural Resources Ltd
|
27
|
Krishna Godavari Offshore
|
GSKV1 Cluster-DSF-2016
|
2
|
1. KEI-ROSS Petroleum & Energy Limited
2. Invenire Energy Pvt. Ltd.
|
28
|
YS5-DSF-2016
|
-
|
No bids received
| |
29
|
GS70-DSF-2016
|
-
|
No bids received
| |
30
|
GD7 Cluster-DSF-2016
|
-
|
No bids received
| |
31
|
KD1-DSF-2016
|
-
|
No bids received
| |
32
|
Mumbai Offshore
|
CA Cluster-DSF-2016
|
-
|
No bids received
|
33
|
B-37 Cluster-DSF-2016
|
1
|
1. Sun Petrochemicals Pvt. Ltd.
| |
34
|
B9 Cluster-DSF-2016
|
1
|
1. Adani Welspun Exploration
| |
35
|
C37 Cluster-DSF-2016
|
-
|
No bids received
| |
36
|
D31 Cluster-DSF-2016
|
-
|
No bids received
| |
37
|
B15 Cluster-DSF-2016
|
1
|
1. Bharat Petro Resources Limited
| |
38
|
B127E Cluster-DSF-2016
|
1
|
1. Bharat Petro Resources Limited
| |
39
|
B14-DSF-2016
|
-
|
No bids received
| |
40
|
B163-DSF--2016
|
-
|
No bids received
| |
41
|
PER-DSF-2016
|
-
|
No bids received
| |
42
|
B80-DSF-2016
|
2
|
1. Adani Welspun Exploration
2. Consortium of Hindustan Oil Exploration Company Ltd and Adbhoot Estates Pvt. Ltd
| |
43
|
NMT-DSF-2016
|
-
|
No bids received
| |
44
|
D18-DSF-2016
|
5
|
1. Enquest Drilling Pvt. Ltd
2. Hardy Exploration and Production
3. Consortium of Oilmax Energy Pvt Ltd, Oil India limited, Indian Oil Corporation Limited and Hindustan Oil Exploration Company Ltd
4. Sun Petrochemicals Pvt. Ltd.
5. Bharat Petro Resources Limited
| |
45
|
Kutch Offshore
|
GK39-DSF-2016
|
-
|
No bids received
|
46
|
KD-DSF-2016
|
1
|
1. Indian Oil Corporation Limited
|
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