Discovered Small Fields Bid Round-III

Following the success of DSF Bid Round-I (2016) & DSF Bid Round-II (2018) and the fact that there are still many more unexploited discoveries, Government is coming up with DSF Bid Round-III where discoveries will be offered for International Competitive Bidding. Salient features of DSF Policy includes:

  • Single License for conventional and un-conventional hydrocarbon
  • No upfront signature bonus
  • Exploration allowed during entire contract period
  • Provision for sharing of common facilities
  • Full pricing and marketing freedom
  • Easy to administer Revenue Sharing Contracts

Notice Inviting Offer (NIO) New Model Revenue Sharing Contract (MRSC) New Information Booklet New
Status of Wellsites offered under DSF Bid Round-III is available in Downloads section.
Above information on offered blocks is based on recent preliminary survey by DGH and NOC. It is advised that prospective bidders should visit the field/wellsites of the offered Contract Area and carry out the detailed survey for making an informed decision prior to bidding. New
Bid submission timeline of DSF-III extended till 31st January, 2022 New
Response to Pre-Bid Queries (Part II), dated 31.08.2021
Bid submission for DSF Bid Round-III will start on 01st October, 2021 and end on 29th October, 2021
Response to Pre-Bid Queries (Part I), dated 27.07.2021 Investors' Meet on Discovered Small Field Bid Round III at Delhi on 30th July, 2021 Launch of Discovered Small Field Bid Round-III on 10th June, 2021

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Timelines

10th June, 2021

Launch of NIO & MRSC of DSF-III

30th June, 2021

Virtual Pre-bid Conference

15th December, 2021

Bid Submission start through bidding portal

31st January, 2022

Bid submission Closing