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

Government has launched OALP Bid Round-VII on 16th December, 2021 offering 8 Blocks for Exploration and Development through International Competitive Bidding.

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

  • 8 Blocks spread over 6 Sedimentary Basins, 5 States covering 15,766 Sq. Km of area
  • Out of 8 Blocks, 5 Blocks are Onland type, 2 Blocks are Shallow Water type and 1 Block is Ultra Deep-Water type
  • Spread over Category-I (7 Blocks)and Category-III ( 1 Block) Basins
  • All 8 Blocks are based on EoI submitted under EoI Window-X & XI 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) New Model Revenue Sharing Contract (MRSC) New Modalities for Operationalization of OALP New GeoScientific Brochure New
E-submission guidelines for OALP Bid Round-VII New
Bid closing date for OALP Bid Round-VII is 15th February, 2022 New
OALP Bid Round-VII Launched on 16/12/2021
Bid submission open date: 16/12/2021
Bid submission closing date : 15/02/2022
Currently, 12th window of EoI submission has started on 1st December, 2021 and will end on 31st march 2022.
Guidelines for e-submission of Hard Copy Documents under OALP Bid Round-VI 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
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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