28-September-2016
A workshop on the ‘Changing Exploration Landscape of India: Breakthrough Ideas’ was organized by PetroFed on September 28, 2016 to delve into the challenges and opportunities in the Indian E&P sector. As the demand for oil & gas is bound to grow, India needs to look forward to the increases in domestic production as well, failing which the pressure on imports would further escalate.
A number of policy reforms have been ushered in the recent past. Going forward, new ideas are required on the ground to change the flat production of oil and gas scenario in the country.
The speakers, panelists and participants deliberated on key issues ranging from prospects of new discovery, understanding the basins based on the reprocessed data and interpretation, hydrocarbon potential in Andaman basins, focused exploration of Mesozoics etc.
It was felt that there is a need to develop suitable workflow and reach out to global technology providers and all stakeholders should work in tandem to harness E&P potentila to the fullest through collaboration and seamless team work.
The key recommendation emerging from the meeting are here