Production from blocks awarded in first round auctions expected in a week

Third round of discovered small field auctions begins

Production from blocks awarded in the first round of Discovered Small Field (DSF) auctions is going to start in a week according to Petroleum Minister Dharmendra Pradhan. He said this while speaking at an event to mark the launch of the third round of DSF auction, but did not identify the block or the operator that was awarded the block.

Under DSF bid round-III, 32 Contract Areas comprising 75 discoveries are on offer. These exploratory fields spread over 9 sedimentary basins cover an acreage of about 13,685 square kilometres and have a potential of approximately 232 million tonnes, an official presentation