 







 

 

 


 
  
 
 
 
 

          
 
 


           
 
 


       
       
        


      
       

 
       
       


 
 


   

       
 
     
       
      
         
     
        


       
        

 
 


    
 


 
        

 

       

        


 
          
      


 
   
         
  
       
        
       
        
      

         

 
         
 
 Oil & Gas Exploration and Production in India
 
     

       
 
  


         
       


    
    
 

        
 
 

     
       
 
 
        



          
 

         
 
       

 


         
      


 
  
 



  


 

 


        
        
       
 







     

 

 
 
    
      
 

         

    


       



       



        

       
 Regulatory and Fiscal Regime


     
      
 
        
      
       
      
 





          
 








 



 

         

     

       

 


    

      

    


 



 

  
 


         
      



         

       


 


       







      

 Oil & Gas Exploration and Production in India

       


      
       

  

        
       
 

         


 
     
 


 
 

       


       

        





 




 



      
 


       
        
       
 


         



  

  




 


      

     


        

        

         

 
 

 


     
 

      



 
    
       

 Regulatory and Fiscal Regime
      




       

         
       




  






     
       

     
       
       





  
       

 

        

     
      

 
         



     

 
  
 
  

 



 
 
 
 
 
         

         
    


         

         
       
      
       
       
 
        

        

        

 
          
      
      
      


        
    
         
       
        

 Oil & Gas Exploration and Production in India
      



      

       
      
       
      

       


      
       

        
 
 
  
        
       
        
      
   
       



        
  
        
      


       

 
     



 





        
        
      
       

     
      
 

      
 






 


 



 
       
 
 
 



   



 





 


       
       
 Regulatory and Fiscal Regime
      



         
         
        
        
  
      

 



      
         
         


       
      

         




 
 
 
     
       

 


         
        
       
 




  
 
        
 
  
  

 

        
 
        
 
 


    

 
         
  
  

    

  
           

  



    


       
 
           
   
        
     

      
       

  

       


 




Contributed by Ernst & Young*


 
         
       
       
  
 
      
     
 
       
  
    
 
    
       


       
      
      
     
        
      
 
        

         



        
       

 
        

 
        



 
 
 
         


        

        
     

  
        







 
 


  

  
    
                   
  
  



 
 

           
 
    
          
 

        

        
       
 

 
        
 
          
      
         

 
   
 
      


     

 
  
        
       
 
 
  
       

       
      
          

 

   

 


 
        
      
      
 
 

 


      

 
         
      
   

        
 

        



 
 
  
     




           
 

       


 



        



 
 
 
 

         
   
      
       



    



 
          
      
        

  

       
  
       
      

         
      
  
     

  
     
       
 

      

         
         


          
 


 



       

 
      

  
      
      
     

       

       
    
      
     
 


         
 
 
 
 
 
 


   



  

      

 
 

         
         
      
      



 
     
        

       
  
 


    
      




         
 

 

 
     
 
 
 



Contributed by Marsh*

  

     
    
       




      
 
 
         
        



    
        


 
         
 
       

    
          

 

 
 
 

  
         
       
        
        
    


 
        
        
       

    


     
     

       

      

        
      

  
     

       


 
   
 
  

  


 


 

 

 
     



      

 

      
 
 
      

 
    
     
         

 
 
      
      
 
        
      
    

           

 
 

  
  
  
  
  
  



       

       
 
      



      

 

 


 
        
      

 
 
  
       
  
      
     


        

 
   
   
  
 



 
 



        


       





     
 
 


       

     
       


 
      
   
   

        
     


      
         
      
 

       
 

 



Contributed by Trilegal*



       
      
       
        
      


      
      
      
        

        
       

 
       

  
        

      

       
 
        
 
      



    
       
     
 

 

      
         

 
  



      

 
 


       
       

      

        
     
  
 
      




 
        

       
 

 

       
 
    
  



 


        

        
  

 
      


  
      
 
      
   
 

        
 
 
        


  

     

      


       
    

    
 

       

 

       


     
         

      
       
      
      

       
 


       
        



 

 
 


      
        
       
    

      

        
   

 

        

 
   
       

     

  
     


 
      


      
     


 
       


 
       

     
       
    


       
       


       
  
        
      
 
 
 
 
 

     


 
 
       

 
 
       
  
        
       
  
 



 

       
        
       
 

         

    
 
  



      
        
          
        
 
      
 
       
      

 
 
  
 
         

 
       


 

         
       
 



 
 
       
 
     
 

       
      
 
   

   
      

         
      
 
 

 
       
   
       
        
       

       
      
     

    

       
        
 
  
 

       



  
        



 


        


      


     


 
   

         
      


 
       

 
 
 
        
 
      

      
     

       
        
       
      
    
 
      
 
     


         
      
         


   
       
       
     
 
      
         



 

        
       

     


 




  
    
        

 