Indian exploration acreage (Business Opportunities - Marketing & Sales)

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Indian exploration acreage


Indian exploration acreage

India is intensifying its oil and gas exploration efforts to bolster energy security and reduce dependency on imports. The government aims to expand the area under exploration to 500,000 square kilometers by 2025 and 1 million square kilometers by 2030 . Currently, approximately 10% of India's sedimentary basins have been explored, up from 6% in 2014 . Key initiatives include the Open Acreage Licensing Policy (OALP), which has facilitated the award of exploration blocks, and significant reductions in "No-Go" zones, opening up vast new areas for exploration . These efforts are supported by substantial investments in seismic data acquisition and the establishment of a cloud-based National Data Repository to enhance data accessibility for investors, Indian exploration acreage, Indianpetroplus

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Last Update : May 26, 2025 2:37 PM
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2025-06-09 (0.778 sec)