**Summary of OALP Bid Round IX Part I Bid Openings**
This document summarizes the bids received during the opening of OALP (Open Acreage Licensing Policy) Bid Round IX Part I. The round encompasses bids for various blocks across multiple basins, categorized as either Category I or Category II.
Key observations from the bid opening include:
* **Dominant Bidder:** Ms. Vedanta Ltd. submitted bids for all 28 blocks offered in this round.
* **Other Active Bidders:** Ms. ONGC Ltd. (Oil and Natural Gas Corporation Limited) submitted bids for a significant number of blocks across various basins. Ms. OIL (Oil India Limited) also actively participated in bidding for multiple blocks. Ms. Sun Petrochemicals Ltd. bid on a few blocks.
* **Consortia:** Bids were also received from consortia, including: Ms. IOCL Consortium, Ms RIL Ms BP Expl. Alpha Ltd Consortium
* **Basin Representation:** The blocks offered and bid upon span multiple basins, including: CB (Cambay Basin), AS (Assam Shelf), GS (Gujarat-Saurashtra Basin), MB (Mumbai Offshore Basin), GK (Gondwana-Krishna Basin), KG (Krishna-Godavari Basin), CY (Cauvery Basin), and MN (Mahanadi Basin). The blocks also are classified as HP (Hydrocarbon Production) or UDW (Under Developed Wells).
The bid opening summary provides a list of blocks, the basins they belong to, and the names of the bidding companies/consortia.
Key Entities Referenced
OALP Bid Round IX: Open Acreage Licensing Policy Bid Round IX, a bidding process for oil and gas exploration blocks.
ONGC Ltd.: Oil and Natural Gas Corporation Limited, an Indian multinational oil and gas company.
OIL: Oil India Limited, a state-owned oil and gas company in India.
Vedanta Ltd.: Vedanta Limited, a multinational mining and metals company with oil and gas interests.
Sun Petrochemicals Ltd.: Sun Petrochemicals Limited, a company involved in the petrochemicals industry.
IOCL Consortium: Indian Oil Corporation Limited Consortium, a group led by Indian Oil Corporation Limited.
RIL: Reliance Industries Limited, an Indian conglomerate company with interests in energy.
BP Expl. Alpha Ltd Consortium: BP Exploration Alpha Limited Consortium, a group led by BP Exploration Alpha Limited
OALP Bid Round-IX (Part-I Bid Opening)
Summary of Bids received against offered blocks
Basin Total Bids
S. No. Block Name Name of Bidder(s)
Category received
M/s ONGC Ltd. + M/s OIL (Consortium)
1 CB-ONHP-2022/2 I 2
M/s Vedanta Ltd.
M/s ONGC Ltd.
2 CB-OSHP-2023/1 I 2
M/s Vedanta Ltd.
M/s OIL
3 CB-ONHP-2023/1 I 3 M/s Sun Petrochemicals Ltd.
M/s Vedanta Ltd.
M/s ONGC Ltd.+ M/s IOCL (Consortium)
4 CB-ONHP-2023/2 I 2
M/s Vedanta Ltd.
M/s ONGC Ltd.
5 CB-ONHP-2023/3 I 2
M/s Vedanta Ltd.
M/s Sun Petrochemicals Ltd.
6 CB-OSHP-2023/2 I 2
M/s Vedanta Ltd.
M/s ONGC Ltd.+ M/s OIL (Consortium)
7 AS-ONHP-2022/2 I 2
M/s Vedanta Ltd.
M/s ONGC Ltd.
8 AS-ONHP-2022/3 I 3 M/s Vedanta Ltd.
M/s OIL
M/s ONGC Ltd.
9 GS-OSHP-2022/1 II 2
M/s Vedanta Ltd.
M/s ONGC Ltd.+ M/s RIL + M/s BP Expl. Alpha Ltd (Consortium)
10 GS-OSHP-2022/2 II 2
M/s Vedanta Ltd.
Page 1 of 3M/s Sun Petrochemicals Ltd.
11 GS-ONHP-2023/1 II 2
M/s Vedanta Ltd.
M/s ONGC Ltd.
12 GS-OSHP-2023/1 II 2
M/s Vedanta Ltd.
M/s ONGC Ltd.
13 GS-UDWHP-2023/1 II 2
M/s Vedanta Ltd.
M/s ONGC Ltd.
14 GS-UDWHP-2023/2 II 2
M/s Vedanta Ltd.
M/s Sun Petrochemicals Ltd.
15 GS-ONHP-2023/2 II 2
M/s Vedanta Ltd.
M/s Sun Petrochemicals Ltd.
16 GS-ONHP-2023/3 II 2
M/s Vedanta Ltd.
M/s ONGC Ltd.
17 MB-OSHP-2023/1 I 2
M/s Vedanta Ltd.
M/s ONGC Ltd.
18 MB-OSHP-2023/2 I 3 M/s Sun Petrochemicals Ltd.
M/s Vedanta Ltd.
M/s ONGC Ltd.
19 GK-OSHP-2023/1 II 3 M/s Sun Petrochemicals Ltd.
M/s Vedanta Ltd.
M/s OIL
20 KG-UDWHP-2023/1 I 2
M/s Vedanta Ltd.
M/s OIL
21 KG-UDWHP-2023/2 I 2
M/s Vedanta Ltd.
M/s ONGC Ltd.
22 CY-UDWHP-2022/1 I 2
M/s Vedanta Ltd.
M/s ONGC Ltd.
23 CY-UDWHP-2022/2 I 2
M/s Vedanta Ltd.
Page 2 of 3M/s ONGC Ltd.
24 CY-UDWHP-2022/3 I 2
M/s Vedanta Ltd.
M/s ONGC Ltd.
25 CY-UDWHP-2023/1 I 2
M/s Vedanta Ltd.
M/s ONGC Ltd.+ M/s OIL
26 MN-UDWHP-2023/1 II 2
M/s Vedanta Ltd.
M/s OIL
27 MN-UDWHP-2023/2 II 2
M/s Vedanta Ltd.
M/s OIL
28 MN-UDWHP-2023/3 II 2
M/s Vedanta Ltd.
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