India’s offshore energy frontier just got a major boost as Oil India launches exploratory drilling in the Kerala-Konkan basin, marking a pivotal moment in the country’s quest for energy self-reliance.
What Happened
Oil India has officially commenced offshore drilling operations in the Kerala-Konkan basin, targeting a frontier Category-III block with immense hydrocarbon potential. The well is set to be drilled to a depth of 6,000 meters, approximately 20 nautical miles offshore, making it one of the deepest exploratory wells in India’s recent history.
This move follows the completion of a 1,028 sq km 3D seismic survey, which identified a promising location for drilling. The operation is part of a broader push to unlock India’s offshore resources, with the government having recently cleared three offshore blocks in the region for exploration.
Why It Matters
The Kerala-Konkan basin is considered a high-potential frontier, and successful exploration here could significantly boost India’s domestic oil and gas production. With the country aiming to reduce its dependence on imports, discoveries in this region could reshape the energy landscape.
India’s renewed focus on offshore exploration is not just about energy security—it’s also about unlocking new economic opportunities and attracting global investment in the sector.
Key Details
Block Allocation and Partnerships
The three offshore blocks in the Kerala-Konkan basin have been awarded to Oil India and ONGC under the Open Acreage Licensing Policy. Oil India holds the KK-OSHP-2018/1 block, while ONGC has been granted both the shallow and deep water blocks.
All three blocks are currently active, with drilling operations set to ramp up in the coming months.
Logistical Support
To support these ambitious operations, Cochin Port has established a dedicated shore base facility. The facility will provide round-the-clock logistical support, including berthing, refueling, dry bulk transfer, potable water, and shore power for offshore vessels.
The agreement between Cochin Port and Oil India is valid for 12 months, with the possibility of extension based on the progress of exploration activities.
Exploration Strategy
The government’s strategy includes aggressive seismic surveys, exploratory drilling, and collaboration with international partners. The aim is to validate geological models, confirm the presence of active petroleum systems, and de-risk future commercial exploration.
Recent policy reforms, such as the transition to the Revenue Sharing Contract model and the launch of the Hydrocarbon Exploration and Licensing Policy, have created a more investor-friendly environment for frontier drilling.
What Comes Next
The drilling campaign in the Kerala-Konkan basin is expected to yield critical data that will inform future exploration and development decisions. If successful, the region could become a major contributor to India’s energy mix.
With the government’s continued support and the industry’s growing expertise, India is poised to make significant strides in offshore oil and gas exploration.
The next few months will be crucial as the results of the exploratory drilling come in, potentially opening up new chapters in India’s energy story.
