Published On: Wed, Feb 25th, 2015

India has 26 sedimentary basins and deep offshore areas upto Exclusive Economic Zone

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10456101_785133694903545_6028577279492770267_nNew Delhi: The Minister of State (I/C) for Petroleum & Natural Gas Shri Dharmendra Pradhan informed the Rajya Sabha in a written reply today that India has 26 sedimentary basins and deep offshore areas upto Exclusive Economic Zone (EEZ) covering an area of 3.14 million square kilometers. As of now about 48% of the basinalarea have been appraised.

A number of sedimentary basins have either no/or scanty data and require additional geo-scientific data coverage and analysis for proper understanding.

To address the issue the Government is taking the following steps

i. A project to reassess hydrocarbon resources in all sedimentary basins of India has been initiated.

ii. A project for appraisal of unappraised areas of all sedimentary basins of India has been initiated.

iii. A policy on non-exclusive multi-client speculative survey for assessment of unexplored sedimentary basins through Service Providers is being implemented.

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