India launches second small-field bid round

India will launch a second bid round under its discovered small field policy on Aug. 9, offering 26 contract areas in which about 60 discoveries have been made.

The Directorate General of Hydrocarbons originally estimated the launch date would be in June (OGJ Online, May 15, 2018).

It’s offering revenue-sharing contracts requiring no signature bonus and covering all types of hydrocarbons.