Is India’s Oil and Gas Exploration Accelerating in Seven Sedimentary Basins?
Synopsis
India is on the brink of a significant energy revolution as seven sedimentary basins are explored using cutting-edge technology. Discover how this ambitious initiative underlines the nation's commitment to energy independence and attracts global investment.
Key Takeaways
India's energy journey is evolving with advanced surveys.
Mission Anveshan aims for extensive seismic mapping.
Significant investment opportunities are emerging.
Government reforms are enhancing exploration prospects.
Global interest in Indian oil and gas is rising.
New Delhi, Nov 4 (NationPress) Union Petroleum Minister Hardeep Singh Puri announced on Tuesday that India is embarking on a transformative journey in energy as seven sedimentary basins are being analyzed utilizing cutting-edge technology for oil and gas exploration nationwide.
“Mission Anveshan, a significant seismic mapping initiative in India's history for oil and gas, has been initiated under the vision of Prime Minister Narendra Modi. This Rs 792 crore program, launched in October 2024, aims to conduct seismic surveys across 20,000 ground line kilometres (GLK), with over 8,000 GLK already completed,” the minister stated.
“From the arid landscapes of Rajasthan to the ocean depths of the KG Basin, Bharat is charting its own energy destiny,” he added.
With 1 million square km of offshore regions now accessible for oilfield exploration, Puri confirmed that 99 percent of the 'No-Go' zones have been cleared.
The oil and gas blocks available under the Open Acreage Licensing Programme (OALP) are attracting interest from both domestic and international energy firms, with Round X poised to set unprecedented participation and investment standards.
He previously noted that “25 blocks have been designated under OALP-X; 154 exploration blocks are currently active; with 14 new oil and gas discoveries; and ONGC is producing 34,000 BOPD of oil and 3 MMSCMD of gas.”
The Petroleum Ministry has recently solicited feedback on the Draft Petroleum and Natural Gas Rules, Model Revenue Sharing Contract (MRSC), and Petroleum Lease, as part of the national drive to enhance oil and gas exploration. These represent a series of groundbreaking policy reforms aimed at boosting activity in the sector.
The Oilfields (Regulation and Development) Act, enacted in 1948, was amended in March 2025, and the new PNG regulations have been introduced in just three months leading up to OALP Round X, which stands as the largest global exploration and production bidding event.
This moment presents a prime opportunity for entrepreneurs and industry leaders to engage in oil and gas exploration in India. According to Puri, it has never been simpler, quicker, or more lucrative to invest in the nation's energy future.
Point of View
The government's focus on oil and gas exploration through innovative programs like Mission Anveshan signifies a proactive approach to energy independence. This initiative not only underscores India's commitment to sustainable development but also positions it as a competitive player in the global energy market.
NationPress
2 May 2026
Frequently Asked Questions
What is Mission Anveshan?
Mission Anveshan is a significant seismic mapping initiative launched by the Indian government to explore oil and gas resources across the country, utilizing advanced technology.
How much area is being surveyed under the program?
The program aims to survey 20,000 ground line kilometres , with over 8,000 GLK already completed.
What opportunities does this initiative provide?
This initiative opens up numerous opportunities for both domestic and international investors, making it an attractive time for industry players to invest in India's energy sector.
How many blocks are available for exploration?
Currently, 25 blocks have been designated under the Open Acreage Licensing Programme, with 154 exploration blocks actively engaged.
What recent policy reforms have been enacted?
Recent reforms include amendments to the Oilfields (Regulation and Development) Act and the introduction of new PNG rules aimed at promoting exploration and production.
