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Contract Award
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Share In Block
Awarded under the New Exploration Licensing Policy (NELP) VII round in 2008, the block is situated in Chattisgarh bordering Madhya Pradesh in the west. Numerous gas shows occurring in the basin are pointers to generation of hydrocarbons. This area is considered to hold a good potential for striking hydrocarbons. However, extensive exploration is warranted for commercial discovery. Structural Highs and fault closures are the primary exploration targets in this block.
Location
Project Phase
Contract Award
Basin
Area
Share In Block
The block is located in India's best onshore basin with established petroleum system. The depositional environment, source rock, traps, reservoir condition found in this region shows good indication of hydrocarbon formation in this block. Indications of oil in an exploration well adjacent to the block have confirmed generation of oil in this part of the basin. The region also has a good seismic coverage and other geological data as required for undertaking successful petroleum operations.
Deep Energy LLC, a subsidiary of DERL focusing on CBM E&P business is having 10% stake along with operatorship.
Location
Basin
Project Phase
Contract Award
Area
Share In Block
The two blocks have been awarded under the Xth round of NELP bidding and are located in the state of Madhya Pradesh. The two blocks cover an area of around 8685 sq. Kms with a total estimated prognosticated resource of around 210 MMBOE. Deep Energy LLC, a subsidiary of DERL focusing on CBM E&P business is having 10% stake along with operatorship.