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Now, a ranking system for evaluation of oil & gas fields

For now, the ranking will only be shared with the participants. But in future, after the evaluation process has been stabilised, there are plans to make it public

Now, a ranking system for evaluation of oil & gas fields
Now, a ranking system for evaluation of oil & gas fields

New Delhi: In order to bring in a sense of competition and boost output, the Directorate General of Hydrocarbons (DGH) has begun ranking the country’s oil and gas fields. The ranking is done on the basis of 10 key parameters, like output, infusion of new technology, energy efficiency, reduction in flaring, safety standards and financial audit, a source said. The weightage of every category is different and will be used to arrive at a cumulative score.

Idea is to improve performance

State firms have already started sharing all the required data with the DGH in order to be part of the ranking programme. The source said that private companies too are likely to join the evaluation process in about a month. “This is just benchmarking. People should know where they stand vis-à-vis others. This would help them improve… bring in positive competition. It is not meant to show anyone in a bad light or act against anyone who is a laggard,” the official said. For now, the ranking will only be shared with the participants. But in future, after the evaluation process has been stabilised, there are plans to make it public.

The process of evaluating oil fields is one of the many measures taken by the government in recent years to raise domestic output so as to cut India’s dependence on oil imports. A combination of ageing oilfields, inadequate field management and policy issues has ensured a steady decline in crude output since 2011-12, pushing up India’s dependence on import to 83.2 percent of its requirement.

DGH hustles to fill positions

DGH, which is the technical arm of the oil ministry, has been moving to fill up positions that had been lying vacant for some time. It is also reshuffling responsibilities as some of its executives, who were mostly drawn from ONGC and Oil India, have been sent back to their parent companies while others are being brought on deputation to fill those places. “Work has expanded at DGH as it has auctioned so many blocks. So, we can’t leave positions vacant anymore,” the official said, adding that transfers are just routine. DGH is tasked with monitoring all exploration and production activity in the country, receiving and analysing data from producers, answering their queries and resolving their issues. Its executives study and approve field development plans of companies and sit in the management committee meetings that approves work programmes and annual budgets for every field.