Salient Features of HELP
  • Unified Licence for both conventional and unconventional Hydrocarbons.

  • Transition from Cost Recovery mechanism to a Revenue Sharing Mechanism.

  • Open Acreage Licensing Policy allows bidders to carve out their own blocks by studying data at National Data Repository.

  • Low regulatory burden.

  • Market pricing and free market access.

  • Exploration rights on all retained area for full contract life.

  • EoIs can be made round the year with bidding rounds at 6 monthly cycles.