Lok Sabha Question No. 3012 (UNSTARRED), answered on 2016-12-05
Subject: Oil Reserve in KG Basin
Ministry: PETROLEUM AND NATURAL GAS
Asked by: SUPRIYA SADANAND SULE, DHANANJAY BHIMRAO MAHADIK, RAJEEV SHANKARRAO SATAV, VIJAYSINH MOHITE PATIL

## LOK SABHA UNSTARRED QUESTION NO. 3012

## TO BE ANSWERED ON 5 th  DECEMBER, 2016

## OIL RESERVE IN KG BASIN

3012: SHRIMATI SUPRIYA SULE:

SHRI DHANANJAY MAHADIK:

SHRI SATAV RAJEEV:

SHRI MOHITE PATIL VIJAYSINH SHANKARRAO:

## पेट्रोलियम एवं प्राक ृ तिक गैस मंत्री

## Will the Minister of PETROLEUM AND NATURAL GAS be pleased to state:

- ( a) the projected quantum of oil reserve in Krishna Godavari (KG) basin along with number of companies operating in the said basin, company-wise;
- (b)  the  quantum  and  value-wise oil  and  gas  extracted  since  the  start  of  the  project,  companywise;
- (c) the total cost incurred by Gujarat State Petroleum Corporation (GSPC) to extract oil and gas from KG basin;
- (d) whether Oil and Natural Gas Corporation Limited has stake in KG basin project of GSPC and if so, the reasons therefor; and
- (e) whether the oil reserve in this area are viable for extraction and if so, the details thereof?

## ANSWER

## पेट्रोलियम एवं प्राक ृ तिक गैस मंत्रािय में राज्य मंत्री ( स्विंत्र प्रभार ) ( धमेन्द्र प्रधान )

MINISTER OF STATE (INDEPENDENT CHARGE) IN THE  MINISTRY OF PETROLEUM & NATURAL GAS

(SHRI DHARMENDRA PRADHAN):

- (a) Under PSC regime, currently five companies are operating in 10 blocks/ fields in KG basin, namely, Cairn  India  Limited  (CIL),  GSPC,  ONGC,  OIL  &  Reliance  Industries  Limited  (RIL) with number of operational blocks / fields are - 2, 1, 5, 1, & 1 respectively.

However, the company-wise oil reserves data in KG basin under PSC regime as on 01.04.2016 as annexed as Annexure-I

- (b) In KG basin, four blocks / fields are under production. Cumulative production of oil and gas from these blocks/ fields since inception up to the Financial Year (FY) 2015-16 along with sales revenue is annexed as Annexure-II.
- (c) Total cumulative investment on exploration and development of GSPC for KG-OSN-2001/3 block located in KG basin since inception upto the FY 2015-16 is US$ 3.56 billion.

(d) At present, ONGC does not have any stake with GSPC in KG Basin.  However, in one such area,  namely,  KG-OSN-2001/3,  allotted  to  GSPC  and  its  Joint  Venture  partners,  GSPC  has approached ONGC for farming out certain stake.  Towards this, a non-binding Memorandum of Understanding has been signed between ONGC and GSPC on 4 th October, 2016.

(e) At  present  under  PSC  regime  one  Oil  discovery  D-26  (MA)  of  KG-DWN-98/3  Block operated by RIL is under production in KG Basin.

Details of other commercially viable oil reserves as per submitted FDP/DoC under PSC Regime in the KG basin is annexed as Annexure-III.

********************************

Annexure referred to in reply to part (a) Lok Sabha Unstarred Question No.3012 to be answered on 05.12.2016 on Oil Reserve in KG basin .

-----------------------------------------------------

## Company-wise oil reserves data in KG basin under PSC Regime as on 01.04.2016 is given below:

|                  | Estimated Ultimate Recovery   | Balance Reserves     |
|------------------|-------------------------------|----------------------|
| Current Operator | Oil+Condensate (MMT)          | Oil+Condensate (MMT) |
| CAIRN            | 43.23                         | 5.55                 |
| GSPC             | 2.6                           | 2.59                 |
| ONGC             | 43.8                          | 38.01                |
| RIL              | 4.5                           | 0.97                 |
| Grand Total      | 94.13                         | 41.57                |

Annexure  referred  to  in  reply  to  part  (b)  of  Lok  Sabha  Unstarred  Question  No.3012  to  be answered on 05.12.2016 on Oil Reserve in KG basin.

-----------------------------------------------------------------

TMT-Thousand Metric Tonnes

| Operator    | Blocks/Fields           | Production Started in FY   |   Oil + Condensate (TMT) Production till 2015-16 |   GAS (MMSCM) Production till 2015-16 | Sales Revenue US Billion $                                 |
|-------------|-------------------------|----------------------------|--------------------------------------------------|---------------------------------------|------------------------------------------------------------|
| CAIRN       | Ravva                   | 1994-95                    |                                         36790.1  |                              11026.5  | 15.76                                                      |
| GSPC        | KG-OSN-2001/3           | 2012-13                    |                                             7.16 |                                244.33 | Company has not accounted its sales in the Audited Account |
| RIL         | KG-DWN-98/3             | 2008-09                    |                                          3534.51 |                              74165.7  | 12.85                                                      |
| ONGC        | KG Offshore& KG Onshore | 1986-87                    |                                          5112    |                              29596    | 2.32                                                       |
| Grand Total | Grand Total             | Grand Total                |                                         45443.8  |                             115033    | 30.93                                                      |

MMSCM- Million Standard Cubic Meters

## ANNEXURE-III

Annexure referred to in reply to (e) of Lok Sabha Unstarred Question No.3012 to be answered on 05.12.2016 on Oil Reserve in KG basin.

---------------------------------------------------

| Status of Oil Discoveries in KG basin where FDP or DoC has been submitted   | Status of Oil Discoveries in KG basin where FDP or DoC has been submitted   | Status of Oil Discoveries in KG basin where FDP or DoC has been submitted   | Status of Oil Discoveries in KG basin where FDP or DoC has been submitted   | Status of Oil Discoveries in KG basin where FDP or DoC has been submitted   | Status of Oil Discoveries in KG basin where FDP or DoC has been submitted   |
|-----------------------------------------------------------------------------|-----------------------------------------------------------------------------|-----------------------------------------------------------------------------|-----------------------------------------------------------------------------|-----------------------------------------------------------------------------|-----------------------------------------------------------------------------|
| Discovery Status                                                            | Discovery Name                                                              | Block                                                                       | PSC Round                                                                   | Operator                                                                    | Oil / Gas                                                                   |
| Discoveries which are under                                                 | DWN-M-1 (Padmavati)                                                         | KG-DWN-98/2                                                                 | NELP-I                                                                      | ONGC                                                                        | Oil                                                                         |
| Discoveries which are under                                                 | DWN-P-1 (KanakDurga)                                                        | KG-DWN-98/2                                                                 | NELP-I                                                                      | ONGC                                                                        | Oil                                                                         |
| Discoveries which are under                                                 | KGD982NA-M#3                                                                | KG-DWN-98/2                                                                 | NELP-I                                                                      | ONGC                                                                        | Oil                                                                         |
| Discoveries which are under                                                 | KGD982NA-M#4                                                                | KG-DWN-98/2                                                                 | NELP-I                                                                      | ONGC                                                                        | Oil                                                                         |
| Development or on way to production                                         | KG-DWN-98/2-A-2                                                             | KG-DWN-98/2                                                                 | NELP-I                                                                      | ONGC                                                                        | Oil                                                                         |
| FDP evaluated at DGH, MCto review                                           | Nagayalanka-1Z                                                              | KG-ONN-2003/1                                                               | NELP-V                                                                      | ONGC                                                                        | Oil                                                                         |
| FDP evaluated at DGH, MCto review                                           | Nagayalanka-SE-1                                                            | KG-ONN-2003/1                                                               | NELP-V                                                                      | ONGC                                                                        | Oil                                                                         |
| FDP evaluated at DGH, MCto review                                           | RX-1                                                                        | Ravva                                                                       | PSC-Field Round                                                             | Cairn                                                                       | Oil                                                                         |
| DoC reviewed by MCand FDP to be submitted by Operator                       | R-13                                                                        | Ravva                                                                       | PSC-Field Round                                                             | Cairn                                                                       | Oil                                                                         |
| DoC reviewed by MCand FDP to be submitted by Operator                       | RX-3                                                                        | Ravva                                                                       | PSC-Field Round                                                             | Cairn                                                                       | Oil                                                                         |
| DoC reviewed by MCand FDP to be submitted by Operator                       | RX-8Z                                                                       | Ravva                                                                       | PSC-Field Round                                                             | Cairn                                                                       | Oil                                                                         |
| DoC under examination at DGH                                                | KGD982NA-F#1                                                                | KG-DWN-98/2                                                                 | NELP-I                                                                      | ONGC                                                                        | Oil                                                                         |

Other oil discoveries are under appraisal or not pursued by the respective operator.

*************