According to the 12th five year plan, the production of crude oil in India is expected to increase from the present 38.76 MMT in FY’15 to 41.15 MMT in FY’17 i.e. an increase of about 6-7% in the next 2-3 years. The natural gas production is also set to increase from 98.15 mmscmd in FY’15 to 172 mmscmd in FY’17. $ 8.81 billion. Against the committed exploration investment of about US$11.73, an investment of US$ 12.51 billion has been expended by the contractors for exploration activities, mainly 2D/3D seismic survey and exploratory drilling in the awarded blocks. In addition, about US$ 8.81 billion has been incurred by the contractors for carrying out development activities.
Oil and Gas companies operating in India are planning to invest more on the E&P sector to achieve the targeted hydrocarbon production by the end of 12th five year plan. This will a provides immense business opportunity for the investors as well as the allied stakeholders in the business value chain of upstream sector.
ENINCON in this dossier presents a unique blend of the factual status and in-depth analysis of the Indian upstream sector which would be first of its kind and would enable clients to unearth most realistic and long-term business opportunities. The report is created with an objective to present the various statistics as- is and would evaluate the anticipated upstream dynamics of the sector
Key Queries Resolved
- Statistics of the E&P activities in India.
- Regulatory Framework – Policies and Regulations
- What is the status of exploration in India?
- Which are the most prospective blocks in India?
- What are the recent trends in Indian E&P Sector?
- How the recent trend would change the investment scenario in Indian E&P activities?
- SWOT Analysis of the Key Upstream Players.
- What are the key risks and challenges faced by Indian Upstream sector ?
- What are the recent technologies used by key E&P companies?
- How will “Make in India” affect the Upstream sector?
- Contacts of Regulatory Bodies and Key Players