NELP IV Block:
BPRL has PI of 40% in on land Block -CY-ONN-2002/2 in Cauvery basin wherein ONGC is Operator. In the said block, post discovery of MD#3 well, the consortium has completed drilling of two appraisal wells MD-5 and MD-6. The first appraisal well, MD-5 flowed Gas and the second appraisal well MD-6 flowed Oil and Gas.. The Field Development Plan (FDP) of the block has been approved by MoPNG and accordingly grant of Petroleum Mining Lease (PML) for 140 sq.km. of block area is in final stages of approval with Tamilnadu state government. The commercial production from the block area shall commence on obtaining PML. In next few years, major developmental activities towards production of oil and gas including drilling of development wells, commissioning of Central processing Facilities (CPF) are planned to be taken up.

NELP VI Block
BPRL has PI of 20% in an onland block, CY-ONN-2004/2 wherein ONGC is Operator. The consortium has completed drilling of two appraisal wells for the discovery well PN-8. Post approval of Declaration of Commerciality (DOC), the Field Development Plan (FDP) of the block for PN-8 discovery has been submitted which is being reviewed by DGH. Drilling of one exploratory well in exploration phase II has also been completed. As a way-forward plan, consortium is to undertake development activities related to PN-8 discovery post approval of FDP.

NELP VII Block:
BPRL is a Joint operator with PI of 33.33% in an onland block, RJ/ONN/2005/1 in Rajasthan where Hindustan Oil Exploration Company Ltd is the operator. All MWP activities related to acquisition, processing and interpretation of 2D / 3D seismic data have been completed in this block. The consortium is to take up the drilling of exploratory wells on receipt of Environmental Clearance.

NELP IX Blocks
BPRL has PI of 25% in an on-land Block CB-ONN-2010/11 in Cambay basin , Gujarat, PI of 20% in on land block AA-ONN-2010/3 in Assam – Arakan basin and PI of 20% in shallow water block MB-OSN-2010/2 in Mumbai Basin. BPRL is the Joint operator of the block in Cambay Basin along with GAIL India Ltd. In other two blocks in Assam- Arakan & Mumbai Basin, Oil India Limited is the operator.
In Cambay basin block, drilling of three MWP wells have since been completed and activities related to drilling of balance 5 wells are in progress. In Assam-Arakan block, processing of acquired Seismic data has been completed and interpretation of the data is in progress to identify the drillable prospects in the block.
In Mumbai basin, based on the interpreted data, it is observed that there is low possibility of presence of any drillable prospect with commercial viability in the block area. Hence, the consortium proposes to relinquish the block at the end of initial exploration period.

Offshore Area 1 is large frontier block located in the northern area of Rovuma Basin, in the Republic of Mozambique. Block covers coastal and shallow water areas through deep water (2000 +m) and contains highly variable geology. In 2010, BPRL made its first discovery in the Offshore Area 1 of the deepwater Rovuma Basin, launching one of the most important natural gas discoveries in the last 20 years. Area 1 Mozambique LNG's marketing team is progressing more than 8 million tonnes per annum (MMTPA) in non-binding long-term off-take agreements for sale of LNG, towards Sales and Purchase Agreements (SPAs).

BPRL has 10 % Participating Interest (PI) in the consortium led by operator Anadarko which has 26.5% PI. Other consortium partners are Mitsui (20%), ENH (15%), OVL (10%), Beas (10%) and PTTEP (8.5%). Today, the consortium have discovered more than 75 trillion cubic feet (Tcf) of recoverable natural gas resources in Offshore Area 1 and are working to develop one of the world’s largest liquefied natural gas (LNG) projects.

Five discovered fields are Golfinho-Atum, Prosperidade, Orca, Tubarao and Tubarao-Tigre. Currently consortium is planning to develop Golfnho-Atum field. This project is advancing an onshore Liquefied Natural Gas (LNG) on the Afungi Peninsula in Cabo Delgado Province. This is the first of its kind LNG facility on the East Coast of Africa. The results to date of the drillstem testing (DST) program in the Prosperidade and Golfinho/Atum complexes demonstrate outstanding flow characteristics of the reservoirs.

Bharat Petroresources Ltd (BPRL) and Videocon Industries Ltd. (VIL) through their 50:50 joint venture company in Brazil, IBV Brasil Petroleo Ltd. (IBV Brasil), formed by their foreign subsidiaries, currently holds Participating Interest (PI) in 6 deepwater blocks, spread across three concessions, offshore Brazil i.e. Campos Basin (BM-C-30), Sergipe Alagoas Basin (BM-SEAL-11) and Potiguar Basin (BM-POT-16).

Five discovered fields are Barra, Farfan, Cumbe, Wahoo, Ararauna, Poco Verde across the three different Oil and Natural Gas basins offshore Brazil.

The results to date of the Drill-Stem Testing (DST) program in Wahoo, Farfan, Barra demonstrate outstanding flow characteristics of the reservoirs. So far the consortium has drilled 22 wells across the four concessions offshore Brazil.

- BM-SEAL-11 concession, Sergipe Alagoas Basin
-IBV Brazil currently has 40% PI in BM-SEAL-11 concession, comprising 3 blocks (SEAL-M-349, SEAL-M-426 and SEAL-M-497). M/s Petrobras is the Operator with 60 % PI in this concession. During the exploration periods, 4 discoveries of Oil & Gas i.e. ‘Barra’, ‘Farfan’, ‘Cumbe’ and ‘Barra#1’ have been made in this concession. Presently, the consortium is carrying out activities in four appraisal plans. ANP has approved the request for equalization & extension of deadlines of all the appraisal plans in BM-SEAL-11 to end of 2020.

-Petrobras has undertaken Project “SERGIPE DEEP WATER” with a goal to boost Sergipe Project economic viability. This project is involving all Sergipe appraisal plans including those in BM-SEAL-11.

-BM-C-30 concession, Campos Basin
IBV Brazil has 25% PI in block C-M-101 block in BM-C-30 concession. M/s Anadarko is the Operator of the block with 30% PI and other partners are British Petroleum (25% PI) & Maersk Oil (20% PI). During the exploration period ‘Wahoo’ discovery have been made in this concession. After the completion of the exploratory periods in Nov 2010, the consortium has moved on to the Appraisal phase of the Wahoo discovery. ANP has approved the extension of Wahoo Appraisal Plan from September 30, 2015 to November 30, 2018.

-BM-POT-16 concession, Potiguar Basin IBV
-IBV Brazil has PI of 20% in 2 blocks (POT-M-663 and POT-M-760) of BM-POT-16 concession. M/s Petrobras is the Operator with PI of 30 %, other partners are Petrogal with 20% PI & British Petroleum with 30% PI. During the exploration period ‘Ararauna’ discovery have been made in this concession. After exploration phase ANP has approved Ararauna appraisal plan, covering both the blocks in BM-POT-16 concession.

-The concessions are located in water depths ranging from 800-2600m located in three different offshore Brazilian sedimentary basins in partnership with Petrobras & Anadarko Petroleum Corp.

-In 2008, BPRL made its first discovery in Wahoo-1 well in BM-C-30 concession of deepwater Campos Basin, launching one of the most important Oil discoveries in Campos basin. Subsequently, BPRL made successive 5 material Oil and Natural Gas discoveries at Upper Campanian & Lower Maastrichtian levels in BM-SEAL-11 Concession. In BM-POT-16, BPRL made another oil discovery in Ararauna well. In total, BPRL made 8 discoveries so far in Offshore Brazil.

Nunukan, Indonesia
Bharat PetroResources Ltd (BPRL), a fully owned subsidiary of BPCL, along with Pertamina (64.5%); Videocon (23%) has stake in block Nunukan (through BPRL Venture Indonesia BV) in Indonesia. Pertamina is the operator of the block. The Operator has proposed Reserve recertification by an international party and study of Multi column platforms as a part of Feed.

Bharat PetroResources Limited (BPRL) has signed an agreement with Norwest Energy of Australia, for farming into an exploration acreages in the Perth basin EP413, which hold shale gas potential. Norwest, which holds over 55% interest in EP413, is the operator of the block. Australia Worldwide Exploration is an ally in EP 413 with a 44% stake. Hydrocarbon shows were observed in 5 zones in one well. 3D Seismic Acquisition and Processing of data completed. Interpretation of data is in progress.

Bharat PetroResources Ltd (BPRL), a fully owned subsidiary of BPCL, along with Oilex (10%), Japan Energy (15%) has stake in block JPDA -06-103, East Timor, Indonesia. The other partners are Videocon (20%), GSPC (20%), BPRJPDA (20%), Pan Pacific Petroleum (15%). Oilex is the operator of the block JPDA -06-103. So far, two wells have been drilled.

BPRL and along with OIL and IOCL , acting jointly as the Indian Consortium, acquired participatory shares representing

Russian oil company Rosneft and the consortium of Indian companies on acquisition of the 23.9% stake in Rosneft’s affiliate JSC Vankorneft. BP holds 20% in the company.

Rosneft Oil Company holds about 85% of the ONGC Videsh Ltd haolds about 15% shares in JSC Vankorneft. State-controlled Rosneft is the world’s top listed oil producer by output. Currently, the Taas-Yuryakh asset is producing 20,000 barrels of oil per day (bopd) with expected peak production of 100,000 bopd by 2021. The Vankor oilfield in East Siberia produces more than 4,42,000 bopd.

he Russian government’s commission for foreign investments has also approved the purchase of 29.9% of the Taas-Yuryakh company by the Indian consortium.

Taas India applied for the permission to purchase 29.9% of Taa-Yuryakh Neftegazdobyacha. In late June, FAS received an application from the consortium of Indian companies Oil India, Indian Oil and Bharat Petroresources for purchase of 23.9% stake in Vankorneft and 29.9% in Taas-Yuryakh Neftegazodobycha.

Taas-Yuryakh Neftegazodobycha operates the Srednebotuobinskoye field, which is located in the Sakha Republic in Russia's Yakutia. The Srednebotuobinskoye field is among three largest assets of Rosneft in Eastern Siberia oil cluster.