Directorate General Of Hydrocarbons

ONGC wins 7 oil blocks, Oil India 4 in latest bid round

The government had offered 11 blocks for exploration and production of oil and gas in the fifth bid round under the Open Acreage Licensing Policy (OLAP).

ONGC, OIL top bidders for 11 oil, gas blocks

While ONGC was the sole bidder for six blocks, OIL was the lone bidder in all the four blocks it bid for, DGH said.

ONGC awaits DGH nod for $5-billion KG-D5 gas development plan

State-owned Oil and Natural Gas Corp is awaiting nod of upstream regulator DGH to commence investing USD 5.07 billion in bringing to production oil and gas discoveries in its Bay of Bengal block KG-D5.

Govt may extend Cairn's production sharing contract

Recently, a Committee headed by the Directorate General of Hydrocarbons (DGH) on policy for grant of extension to the Production Sharing Contracts (PSC) for small, medium-sized and discovered fields that were awarded to private firms in 1990s, has recommended a uniform 10-year extension but on revised terms and conditions.

RIL-BP avert shutdown of KG-D6 field

With Oil Minister M Veerappa Moily approving of the remedial measures that were pending for nearly 18 months, RIL-BP last week added the first production well on the block in more than four years to ramp up output by over 15% to 13.7 million standard cubic metres per day.

Higher rates will help increase domestic gas output: Moily

"If you don't raise gas price, no domestic production will come and dependence on imports will increase," Moily said. Higher gas price will help bring to production over 3 Trillion cubic feet of gas reserves that had been declared economically unviable at current rates of USD 4.2.

Radia Tapes: CBI registers 8 fresh PEs

A PE looking into alleged irregularities in the allotment of iron ore mines at Ankua, Singhbhum district of Jharkhand to Tata steel has been initiated, CBI sources said, adding Koda, who is out on bail in a corruption case, and unknown officials of Jharkhand government have been named as accused.

Reliance Industries, BP discover new gas in Cauvery basin

Reliance Industries and its partner British Petroleum have announced a new gas condensate discovery off the east coast in the Cauvery basin.

Moily hints of relief to RIL on KG-D6 relinquishment issue

In a relief to Reliance Industries, Oil Minister M Veerappa Moily has indicated that he may not fully accept DGH's recommendation for taking away 86 percent of the company's KG-D6 gas block area.

10th round of oil and gas blocks auction this fiscal: Moily

The government is likely to launch the tenth round of auction under the New Exploration Licensing Policy (NELP) this fiscal, oil minister M Veerappa Moily said on Tuesday.

Oil Ministry looks for new DGH

Ten months after a bureaucrat was appointed as DGH, the Oil Ministry has begun looking for a technocrat to the head the upstream oil regulatory body.

Cairn drills 1st exploration well on Rajasthan block

Cairn India today said it has begun drilling its first exploration well in four years on the prolific Rajasthan block that will help boost output to 215,000 barrels per day by March 2014

RIL gas output falls to all time low

Reliance Industries has shut its eighth well on the main gas fields in KG-D6 block, leading to output plummeting to all time low of 20.88 mmscmd.

Producing fields: OilMin allows RIL, Cairn to explore more

In his first major decision, Oil Minister M Veerappa Moily has allowed Reliance Industries and Cairn India to explore for oil and gas within the producing fields subject to certain conditions.

Shale gas exploration policy by month end

India will unveil shale gas exploration policy by month-end in an attempt to exploit the unconventional hydrocarbon resource, Oil Secretary GC Chaturvedi said.

RIL gets nod to drill a well in D-19 field

Upstream oil regulator DGH has given nod to Reliance Industries to drill a well as part of the USD 1.529 billion plan to develop four satellite gas fields around the now flagging main fields in the eastern offshore KG-D6 block.

DGH may look at new oil, gas sharing system for govt

Amidst controversy over fall in output from RIL's KG-D6 gas fields, Directorate General of Hydrocarbons (DGH) today appeared to favour scrapping the present system of contracts and instead asking firms to bid for the share of oil and gas they can offer to the government.

DGH rejects RIL's CBM gas price

In a sudden U-turn, upstream oil regulator DGH has rejected the price Reliance Industries had proposed for CBM gas saying the process followed was not in conformity with oil ministry guidelines.

Cairn India's Barmer field output drops in April: Sources

Cairn India‘s Barmer oil fields April output has dropped to 562923 Tn against the estimated 719,178 Tn. The Directorate General of Hydrocarbons has pulled up Cairn for Barmer‘s output shortfall, CNBC-Tv18 has learnt. Barmer field situated in Rajasthan had an output of 168,500 barrels per day.