Question : PRODUCTION OF OIL AND GAS

(a) the details of domestic and foreign companies which have been given permission for oil and gas production in various areas in the country during the last three years;

(b) whether the said companies have production oil and gas as per the terms of agreement during the said period;

(c) if so, the details thereof and if not, the reasons therefor, company-wise ajong with the loss of revenue to the Government as a result thereof; and

(d) The action taken or proposed to be taken by the Government against such companies?

MINISTER OF STATE IN THE MINISTRY OF PETROLEUM & NATURAL GAS (SHRIMATI PANABAAKA LAKSHMI)

( a) Under the Production Sharing Contract (PSC) regime, during that last three years

(2010-11 to 2012-13) and the current year (2013-14, till date), the Field Development Plans (FDPs) of 13 hydrocarbon discoveries (8 oil and 5 gas) were approved by the Management Committees (MCs). Out of these, 5 discoveries were made by the Central/ State Public Sector Undertakings (PSUs), viz. ONGC & GSPC, while the remaining 8 discoveries were made by Private Companies, viz. ESSAR and RIL. The details are given in Annexure-I.

(b) All the above discoveries are currently under development and commercial oil/gas production is yet to commence from these discoveries, c) & d) Does not arise in view of reply `b` above.