EOR programmes to be incentivised-II: It will become compulsory
Jan 11:
All fields will have to go through compulsory enhanced recovery screening under the guidance of the DGH. 8There will be a reasonable tax break given for companies to undertake such screening 8And there will be a pilot stake to the entire programme 8For the incentive to take effect, the fields should be in production for a minimum three years 8Fields which are currently producing oil or gas using ER techniques and/or fields for which FDP has been approved for ER projects before the notification date will not be considered eligible for incentives under this policy Click on Reports for more