India Accelerates Energy Independence with New Exploration Initiatives, Says Hardeep Singh Puri
April 15, 2025, Union Minister of Petroleum and Natural Gas, Shri Hardeep Singh Puri, addressed the Open Acreage Licensing Policy (OALP) Round-IX and Special Discovered Small Field (DSF) Signing Ceremony in New Delhi, underscoring India’s strategic initiatives to bolster energy security and expand hydrocarbon exploration.
Accelerated Exploration and Policy Reforms
Minister Puri highlighted the transformation of India’s hydrocarbon sector, emphasizing investor-friendly reforms, expedited approvals, and a focus on sustainability. He noted that 76% of the current exploration area has been activated since 2014, reflecting a significant shift towards domestic energy production.
India’s reliance on imports for 88% of crude oil and 50% of natural gas underscores the urgency for domestic exploration. The government aims to increase the explored area of sedimentary basins from 10% to 15% by 2030, with a target of reaching 1 million square kilometers. Notably, there has been a 99% reduction in “No-Go” areas within India’s Exclusive Economic Zone (EEZ), facilitating greater exploration opportunities.
OALP Round-IX and DSF Round-IV Highlights
Under OALP Round-IX, 28 blocks across eight sedimentary basins have been awarded, covering 1.36 lakh square kilometers, with 38% in previously restricted zones. Additionally, two blocks were awarded under the Special DSF Round, attracting 60 bids.
Looking ahead, OALP Round-X has been launched, offering 25 blocks across 13 sedimentary basins, encompassing 1.92 lakh square kilometers—the largest acreage to date—with 51% in formerly restricted areas. DSF Round-IV is also underway, featuring 55 discoveries across nine contract areas with estimated reserves of 258.59 million metric tonnes of oil equivalent (MMTOE).
Investment in Scientific Exploration
The government has invested ₹7,500 crore in acquiring new seismic data, conducting aerial surveys in remote terrains, and drilling stratigraphic wells. Geo-scientific data for major basins on both coasts is now accessible, with the National Data Repository upgraded to a cloud-based platform for enhanced transparency and efficiency.
Legislative and Regulatory Enhancements
The amended Oilfields (Regulation and Development) Act, 1948, effective from April 15, 2025, modernizes India’s upstream regulatory framework, aligning it with international best practices. A Joint Working Group (JWG) comprising private E&P operators, National Oil Companies, the Ministry of Petroleum and Natural Gas, and the Directorate General of Hydrocarbons has been established to address industry concerns and streamline operations.
Furthermore, the launch of the draft Petroleum and Natural Gas (PNG) Rules Public Consultation Portal invites industry and public stakeholders to provide feedback, shaping future Model Revenue Sharing Contracts and sectoral regulations.
Diversification into Unconventional Hydrocarbons
Minister Puri emphasized the potential of India’s Coal Bed Methane (CBM) assets, estimated at 2,600 billion cubic meters. With 15 active CBM blocks—five already under production—the government plans to launch a Special CBM 2025 Round, offering three new blocks in West Bengal and Gujarat, further diversifying India’s energy portfolio.
These initiatives reflect India’s comprehensive approach to achieving energy independence, fostering economic growth, and ensuring a sustainable energy future.