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Policy Repository

Open Acreage Licensing Policy(OALP): Modalities for operationalization Hydrocarbon Exploration & Licensing Policy(HELP)

Validated on 3rd Oct 2019

Open Acreage Licensing Policy(OALP): Modalities for operationalization Hydrocarbon Exploration & Licensing Policy(HELP)

Policy Framework for Exploration and Exploitation of Unconventional Hydrocarbons

Validated on 3rd Oct 2019

Policy framework for exploration and exploitation of unconventional hydrocarbons under existing production sharing contracts (PSCs), Coal Bed Methane (CBM) contracts and Nomination Fields.

Policy Framework to Promote and Incentivize Enhanced Recovery Methods for Oil and Gas

Validated on 3rd Oct 2019

To provide fiscal incentives to adopt Enhanced Recovery (ER), Improved Recovery (IR) and Unconventional Hydrocarbon (UH) production methods.

Policy Reforms in Exploration of Oil and Gas

Validated on 3rd Oct 2019

To increase exploration activities, attract domestic and foreign investment in unexplored/unallocated areas of sedimentary basins, and enhance domestic production of oil and gas from existing fields and promote ease of doing business by streamlining and expediting the approval processes.

Hydrocarbon Exploration & Licensing Policy (HELP)

Validated on 3rd Oct 2019

This policy allows an open acreage licensing, full freedom for marketing and pricing, single license for conventional and un-conventional hydrocarbons, equal weight-age of work programme and fiscal share and low royalty for offshore fields, among others.

Discovered Small Fields Policy

Validated on 3rd Oct 2019

The policy offers improved fiscal terms such as no oil cess applicable on crude oil production, moderate royalty rates same as in NELP regime, no upfront signature bonus, pricing and marketing freedom for oil and gas and no carried interest by NOCs.

New Exploration Licensing Policy (NELP)

Validated on 3rd Oct 2019

The main objective of the policy is to attract significant risk capital from Indian and foreign companies, state of part technologies, new geological concepts and best management practices to explore oil and gas resources in the country to meet rising demands for oil and gas.

Coalbed Methane (CBM) policy

Validated on 3rd Oct 2019

This policy specifies the modality for taking up commercial development of CBM, modality for identification and allotment of blocks, fiscal provisions/incentives and in a subsequent MOU entered between MOC & MOPNG specifies that right of 9 exploitation of Coal Mine Methane (CMM) from coal mining areas will be with coal mine operator.