CONTENTS ACKNOWLEDGEMENTS 1-4 ABBREVIATIONS 1-5 UNITS 1-6 LIST OF FIGURES 1-7 LIST OF TABLES 1-8 ENERGY PLANNING and MANAGEMENT and ROLE OF PLANNER 1-9 EXECUTIVE SUMMERY 1-12 1 BACKGROUND 1-26 1.1 Introduction to the Sector 1-26 1.2 Upstream Activities: 1-27 1.3 Upstream O and G Sector Peculiarities 1-32 1.4 Evolution of E and P Sector in Indian Scenario 1-34 1.5 Present status of O and G sector of India 1-35 1.6 Need of the Study 1-39 1.7 Aim 1-39 1.8 Research Questions 1-39 1.9 Objectives 1-40 1.10 Methodology 1-40 1.11 Scope and limitations of the study 1-41 2 NELP and INDIAN PRODUCTION SHARING CONTRACT 2-42 2.1 Notice Inviting Offer 2-42 2.2 Model Production Sharing Contract 2-45 2.3 Petroleum Tax Guide 2-53 2.4 Site Restoration Fund Scheme 2-54 3 PERFORMANCE ASSESSMENT 3-55 3.1 Perspective 3-55 3.2 Formulation of Performance Evaluation Framework: 3-56 3.3 Performance Assessment: Investment Related 3-57 3.4 Performance Assessment: Technology related outcome 3-72 3.5 Discoveries 3-74 3.6 Actual investment 3-74 3.7 Inference 3-76 4 FACTORS AFFECTING THE PERFORMANCE 4-78 4.1 Contractual and Fiscal factors: Evaluation of Indian PSC 4-78 4.2 Data Management Approach: Access to Acreage 4-81 4.3 Mode of regulation 4-83 4.4 Operational Factors: Implementation of contracts 4-87 4.5 Inference 4-91 5 CONCLUSION 5-92 BIBLIOGRAPHY 5-94 ANNEXURE I 5-97 ANNEXURE II 5-98 ANNEXURE III 5-99 ANNEXURE IV 5-100 ACKNOWLEDGEMENTS 1-4 ABBREVIATIONS 1-5 UNITS 1-6 LIST OF FIGURES 1-7 LIST OF TABLES 1-9