Oil and Gas Exploration and Production in India: A Reference Book. New
Delhi, Infraline, 2005, 510 p., maps, charts, tables.
"This book covers important aspects of petroleum geology and the potential of the Indian Sedimentary basins together with the profiles of the oil and gas fields discovered so far, to the pre-NELP exploration bidding rounds as well as the first four offers under NELP.
The book is replete with maps showing the sedimentary
basins of India, exploration blocks offered under the pre-NELP and NELP rounds,
energy map showing the pipelines, refineries, power stations and other
infrastructure facilities, important oil and gas fields in India and adjoining
countries and a map showing the Petroleum Exploration Licence (PEL) and Mining
Lease (ML) areas held by the national oil companies as well as by private
companies. The book promises to be a valuable addition to the existing rather
sparse literature on the petroleum E&P sector in India and shall help all
those who desire to have voluminous and diverse information on this important
subject.
Chapters on new significant discoveries, future exploration
and development programme of the principal companies, current petroleum
production and future trends, the investment scenario of the two ONGC and OIL
and of the private companies, and details of the fiscal and regulatory regime
give the book an added importance. There is a separate chapter on Deepwater
Exploration and the activities of the different players / companies in this
sector. Chapter on new significant discoveries, future exploration and
development programmes of the principal companies, current petroleum production
and future trends, the investment scenario of National Oil Companies and of the
private companies, and details of the fiscal and regulatory regime give the book
an added importance.
Issues in the Coal Bed Methane or CBM like the prospect
scenario, the fiscal regime and the status of the first two rounds of CBM
exploration have been dealt with in some details.
Chapters on oil equity, estimation of petroleum reserves and
auditing standards and practices of petroleum reserves have been included and
they enhance the value of the book. Besides the above, the book has profiles of
exploration and production companies operating in India, P&NG Rules, details
of the fiscal terms and conditions of pre-NELP exploration rounds as well as
those of the NELP rounds, Petroleum Tax Guide, Model Production Sharing Contract
for NELP as well as for the Coal Bed Methane (CBM) rounds, policy on
relinquishments of the acreages and blocks, etc.
It is not very often that one gets an insight into the
pricing policy under which oil and gas sales occur and the book has provided
this adequately. A book of this nature is not complete without the petroleum
statistics, the growth of Indian petroleum industry at a glance and the status
of State-wise petroleum exploration, production and infrastructure development
and happily the book has these too."