Vision & Objective

10 Years Vision of Petroleum Sector in Rajasthan

  1. 1. Hydrocarbon Production Strategy in Rajasthan.
  2. 2. Development of Heavy Oil Resource in Rajasthan.
  3. 3. Exploitation of Natural Gas Resources of Jaisalmer Basin & Barmer-Sanchore Basin for Power Generation & other commercial use
  4. 4. Value addition of Petroleum Resources through Refinery cum Petrochemical Complex
  5. 5. Revenue from Petroleum Sector

Hydrocarbon Production Strategy in Rajasthan

About 205 million barrel proved reserves have been assessed in 38 discovered fields of Barmer-Sanchore Basin. Commercial Production of crude oil has been commenced from Mangla Field on 29th August, 2009 and at present about 1,11,000 barrels of oil per day is being produced from  Oil/Gas Fields namely Mangla, Bhagyam, Aishwariya, Saraswati, Raageshwari oil, Rageshwari-S1, ABH, Guda, NE, NI, NL, Raag Deep Gas, KW2.

Development of Heavy Oil Resource in Rajasthan

Pursuant to the agreement with PDVSA Company of Venezuela, 25.00 MMT of Heavy Oil & 53.00 MMT of Bitumen in-place reserves have been assessed in Bikaner-Nagaur Basin by Oil India Ltd (OIL) for exploitation. Trial production of heavy oil was conducted and about 470 barrels have been evacuated. Commercial production has been started  in baghewara area by OIL at 100-150 barrels per day. Oil India Limited has planned to drill  more  wells to establish producibility under Poonam discovery field as well as in Baghewala ML area.

Exploitation of Natural Gas Resources of Jaisalmer Basin & Barmer-Sanchore Basin for Power Generation/ Commercial use

A total of about 12.3 billion cubic meter of natural gas proved reserves have been estimated  by OIL, ONGC, Cairn India & Focus Energy in Jaisalmer Basin & Barmer-Sanchore Basin. Natural Gas is being produced by OIL from Tanot- Dandewala & by Focus Energy Ltd. from Shahgargh areas of Jaisalmer Basin for the supply to Ramgarh Power Plant. Oil and Focus Energy have entered into an agreement with GAIL (India) Ltd and Rajasthan Rajya Vidhyut Utpadan Nigam (RRVUN) for supply of Natural Gas to Ramgarh Power Point. Production of Natural gas has also been commenced from Raageshwari Deep Gas Field and other Fields (Associated Gas) of Barmer Basin, and through national grid is being supplied to GNFC, GSPC &  KRIBHCO etc.

Value addition of Petroleum Resources (Refinery Cum Petrochemical Complex and Ancillary Units based on petro & petrochem products)

MoU entered between GoR and HPCL on 18.04.2017 for setting up of 9 MMTPA Refinery cum Petrochemical Complex in Joint Venture.

This project is integrated with Refinery & Petrochemical Complex, which is first of its kind in India.

Project Details

• Project Cost – Rs 43,129 cr

• Debt Equity Ratio – 2:1

• Equity Share – HPCL 74% & GoR 26%

• Products – Fuels & Petrochemicals, BS-VI standard

• Project Location – Pachpadra, Barmer

Benefits to the State

• 1.5 to 2.5 MMTPA Rajasthan crude shall be utilized till the project life. In case of non-availability of Rajasthan crude, it would be substituted by imported Arab Mix crude for the project life of the refinery. 

• Additional Revenue to the State Government by way of VAT on indigenous crude petro-products and petro chem products.

Socio-Economic Impact of the Refinery-cum-Petrochemical Complex:

The proposed Refinery has the potential to become an anchor industry for developing downstream and other service sector industries in and around the region.

• Due to its very nature, petrochemicals is an ‘enabler’ industry playing a vital role in the functioning of virtually all key sectors in the economy including packaging, agriculture, infrastructure, healthcare, textiles, automobile and consumer goods. Petrochemicals provide inputs which enable almost all other sectors to grow.

• With RRP, there shall be a Direct, Indirect and Induced economic impact on the economy of Rajasthan, which shall result in substantial increase in Output, Employment and Tax earnings in the State

Revenue from Petroleum Sector

Petroleum Sector has now become the important source of Revenue in the State since commercial production of crude oil & natural gas from Barmer-Sanchore Basin has commenced from 29.08.2009 & 23.03.2013 respectively and production of natural gas from Jaisalmer basin has been enhanced substantially on commencement of production of natural gas from Shahgarh sub- basin from 08.07.2010 in addition to the Tanot-Dandewala, Manhera-Tibba of ONGC and OIL. Revenue is accrued in terms of royalty on production of crude oil & natural gas, PEL fees, dead rent etc.

Revenue accrued during 2008-09 was Rs 8.20 Crore which has been enhanced significantly from 2009-10 onwards after production of Crude Oil from Barmer-Sanchore Basin. Hence, revenue accrual during 2010-11 and 2011-12 was Rs 1630 crores and Rs 3435.61 crores respectively. However, the Revenue was enhanced during 2012-13 to Rs 5069.88 crores as per production profile of 175,000 barrels per day and Rs 5953.11 crores were accrued against the target of Rs 5500 crores during 2013-14. Subsequently, revenue was downed to Rs. 4848.70 against the target of Rs 5300 crores during 2014-15 due to rapid fall in crude oil prices and dollar exchange rate. Revenue of Rs 2341.43 crores accrued during 2015-16 due to continued price fall and accrual restricted to Rs 2331.73 crore during 2016-17and slightly enhanced to Rs 2579 crore during 2017-18. Revenue realization during 2017-18 was Rs. 2579.38 crores, which has been enhanced to Rs 3883.22 Crores in 2018-19. But Revenue accrual during 2019-20 has been Rs 3320.10 to Crores due to price fall. Adverse impact on Crude prices due to COVID-19 pandemic, revenue realization during 2020-21 was Rs. 1904.79 crores. In current FY 2021-22 total revenue of Rs. 3995.40 crores has been accured.

Objective

A separate Petroleum Directorate is functioning for Hydrocarbon administration by monitoring of upstream E&P Sector for planned development of the sector in the state. 

To deal the regulatory issues related with Petroleum Exploration Licenses (PELs) & Petroleum Mining Leases (PMLs) and to collect the revenues on production of Crude Oil & Natural Gas.


Azadi Ka Amrit Mahotsav

Latest News

Read More
PetrolieumLaw-PolicyRTI
Go Top