Open Acreage Licensing Policy (OALP) Bid Round-VI under HELP

Government has launched OALP Bid Round-VI on 6th August, 2021 offering 21 Blocks for Exploration and Development through International Competitive Bidding.

Features of OALP Bid Round–VI are as quoted below:

  • 21 Blocks spread over 11 Sedimentary Basins, 9 States covering 35,346 Sq. Km of area
  • Out of 21 Blocks, 15Blocks are Onland type, 4 Blocks are Shallow Water type and 2 Blocks are Ultra Deep-Water type.
  • Spread over Category-I (12 Blocks), Category –II (4 Blocks) and Category-III (5 Blocks) Basins
  • All 21 Blocks are based on EoI submitted under EoI Window-VIII & IX by the Prospective Bidders
  • Adopts all features of HELP (as revised) - reduced Royalty Rates, no Oil Cess, Uniform licensing system, Marketing and Pricing freedom, Revenue Sharing Model, Exploration rights on all retained area for full contract life, Concessional Royalty Rates in case of early commercial production, no Revenue Sharing in Blocks falling in Category –II and III Basins except in case of Wind fall gain etc.
Notice Inviting Offer (NIO) Model Revenue Sharing Contract (MRSC) Modalities for Operationalization of OALP Technical Brochure Salient features of Policy Reforms in Indian E&P Sector Opportunities in Prospective Sedimentary Basins under Liberalized Policy Regime
Guidelines for e-submission of Hard Copy Documents under OALP Bid Round-VI New Corrigendum to OALP Bid Round-VI NIO and MRSC
OALP Bid Round-VI Launched on 06/08/2021
Bid submission open date : 06/08/2021
Bid submission closing date : 06/10/2021

For bidding details please visit DGH e-Bidding Portal
The submission of EoIs throughout the year is as follows:
  • Window – 1 : 1st April to 31st July
  • Window – 2 : 1st August to 30th November
  • Window – 3 : 1st December to 31st March
Currently, 11th window of EoI submission has started on 1st August, 2021 and will end on 30th Nov, 2021.
Modified MRSC for OALP Rounds for Investor's Feedback/Comments Guidelines for e-submission of Hard copy documents under EoI portal

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