India, April 18 -- The Government of India has issued a release:
A conference on "Data Driven Exploration" was convened by the Directorate General of Hydrocarbons (DGH) in the context of India's expanding exploration agenda under the Samudra Manthan - National Offshore Mission, to engage industry on accelerating India's exploration outcomes through a stronger data ecosystem.
The conference was chaired by the Secretary, M/o Petroleum & Natural Gas, and witnessed participation by over 80 participants including M/o PNG, DGH, national oil companies, global Exploration & Production(E&P) players (BP, ExxonMobil, Shell, etc.), private operators (Reliance Industries, Cairn India, Invenire Energy, Adani Welspun Exploration) , and leading seismic service providers and technology players (TGS, Viridien, Shearwater GeoServices, SLB, Wave Geo Services). With a renewed focus on offshore and frontier basin development, the conference aimed to engage industry stakeholders on the role of seismic data in enabling exploration outcomes.
In his posts on social media platform X, the Minister for Petroleum and Natural Gas, Shri Hardeep Singh Puri highlighted that the India is moving beyond blind exploration and is embracing a bold multi-client model that allows more minds to interpret, innovate, and discover, thereby decisively changing how E&P has been considered a sector of uncertainty.
He further added that with SamudraManthan, India's vast offshore potential is being unlocked with openness, collaboration, and cutting-edge science to fulfil our quest towards energy Aatmanirbharta.
Key takeaways from the conference:
Data as the Primary Enabler:
Need to Accelerate Data Acquisition:
Multi-Client Seismic Models (MCM) as Accelerators:
Government as a Key Enabler:
Procurement and Execution Frameworks:
Based on the discussions, it was proposed to
The Data Driven Exploration conference reaffirmed that seismic data is the foundational lever for accelerating exploration participation and investment, particularly in frontier and deepwater basins. There was strong industry alignment on the need to improve data quality, accessibility, and commercial viability through a targeted and time-bound approach.
The conference points towards the need to translate consensus into execution, with immediate focus on operationalizing key action areas, including finalization of a prioritized data acquisition roadmap, development of appropriate commercial models, and design of procurement frameworks aligned to scale and quality requirements.
Disclaimer: Curated by HT Syndication.
