Was the DSF Round "gamed"-I: Was the round really a big success?
Jul 19: Even though there was a lot of fanfare around the launch of the Discovered Small Field (DSF) Round, questions are being raised on whether it has delivered the desired results. 8Has the outcome of the first DSF round been successful relative to historical performance? 8And, does the new regime adequately address the weaknesses which have encumbered India’s previous attempts at boosting upstream exploration and production? 8The answer seems to be a "no". 8The website carries here a comparison of DSF's performance in relation to blocks offered in earlier rounds, blocks awarded, prevailing oil prices, blocks bid for, contracts signed and no of discoveries made (in earlier discoveries). 8A further analysis is carried in terms of geological type, onshore and shallow-water, competitiveness and bidding behaviour. Click on Reports for more