India’s Directorate General of Hydrocarbons has moved the bid closing date for Round V of its open acreage licensing policy (OALP-V) to Apr. 16 from Mar. 18. Round V features 11 blocks: eight onshore, two shallow-water, and one ultradeepwater. OALP-V opened Jan. 14 and includes a total of 19,800 sq km.

OALP I-IV have awarded 94 blocks in 16 sedimentary basins covering 136,800 sq km over the past 2.5 years. Cumulative exploratory work commitment after four rounds of OALP comprise 29,270 line-km of 2D seismic survey; 43,272 sq km of 3D seismic survey; 369 exploratory wells, and 290 core analyses to establish shale resources.