THIRD ROUND OF DSF AUCTION LAUNCHED

Issue of NIO & MRSC of DSF-III                              10th June 2021

Bid submission Starts                                              15th December 2021

Bid submission Closes                                            31st May 2022

32 CONTRACT AREAS COMPRISING 75 DISCOVERIES ON OFFER

  • After the successful award of 30 clusters of oilfields in DSF-I and 23 clusters in DSF-II, the Government of India has launched the DSF Round-III.
  • Oil and Gas have been already discovered in these fields by ONGC, Oil India and other oil companies.
  • These Discovered fields carry a lower risk with higher return.
  • However, the economics will depend more on the value of the biddable parameters put in their bids by the investors and entrepreneurs.
  • The biddable parameters are number of wells to be drilled and the percentage of revenue to be shared with the Government.
  • Both parameters carry equal weight 50:50 
FIND EVERYTHING YOU WANT TO KNOW ABOUT THE DISCOVERED SMALL FIELDS (DSF) ON DIFFERENT PAGES ON THIS WEBSITE.
CLICK “DSF” ON THE DROPDOWN MENU ABOVE  “OIL & GAS”