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Everything You Need To Know About The DSF Bidding Round
Everything You Need To Know About The DSF Bidding Round
www.pwc.in
What is on offer
On 25 May 2016, the Government of India launched the ‘Discovered Small Fields (DSF)
Bidding Round – 2016’, an international competitive bidding round of acreage award. On offer
are 46 contract areas comprising of 67 oil and gas fields distributed across nine sedimentary
basins. Out of the 46 contract areas, 26 are located on land, 18 are in shallow water and two
in deep water offshore. While the on land fields are spread across eight sedimentary basins,
shallow-water offshore fields are concentrated in the Mumbai offshore in the west coast region
and the deep-water fields are located in the east coast Krishna-Godavari basin.
Contract
Basin Fields OIIP, MMt GIIP, BCM
areas
20% 80%
Evaluation methodology The bidder with the Bidders will bid the percentage share of the revenue offered to the government
highest total number of at the two revenue points namely, lower revenue point (LRP) which is less than
development or appraisal or equal to 0.0100 million USD per day and the higher revenue point (HRP)
wells will be assigned equal to or more than 1 million USD per day.
20 points and the other The bidder with the highest net present value (NPV) of revenue share offered
bidders will be assigned to the government will get 80 points. For calculating the NPV price, production
points on a pro-rata basis. scenarios have been provided in the notice inviting offers (NIO)
In India, PwC has offices in these cities: Ahmedabad, Bengaluru, Chennai, Delhi NCR, Hyderabad, Kolkata, Mumbai and Pune. For
more information about PwC India’s service offerings, visit www.pwc.com/in
PwC refers to the PwC International network and/or one or more of its member firms, each of which is a separate, independent and
distinct legal entity in separate lines of service. Please see www.pwc.com/structure for further details.
Contact us
Deepak Mahurkar Gaurav Semwal
Leader, Oil and Gas Associate Director, Oil and Gas
deepak.mahurkar@in.pwc.com gaurav.semwal@in.pwc.com
+91 9818670797 +91 9871446600
pwc.in
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