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India

Oil, gas block auction deadline extended for fourth time

Published - February 06, 2026 01:40 pm IST - NEW DELHI Representational illustration featuring oil pumpjacks | Photo Credit: /iStock The Government has extended the deadline for submitting bids for India's largest oil and gas acreage offering for a fourth time, granting potential investors an additional three months, the Directorate General of Hydrocarbons said. "Bid submission closing date for OALP Bid Round X (has been) extended till May 29, 2026," DGH said on its website. While it did not give any reason for the extension, industry sources said this may have been done to give potential investors time to study the new liberalised rules framed following passage of the Oilfields (Regulation and Development) Amendment Bill.

Oil, gas block auction deadline extended for fourth time

Credit: Thehindu

Key Highlights

  • The 10th round of Open Acreage Licensing Policy (OALP-X), which was launched in February during India Energy Week (IEW) 2025 in New Delhi, was originally scheduled to close at the end of July.
  • In late July, the deadline was extended to October 31 and again to December 31, 2025.
  • OALP-X bid deadline was then extended till February 18, 2026.
  • However, the deadline for submission of bids under the fourth round of Discovered Small Field (DSF) bid round and the special coal-bed methane (CBM) round stays unchanged at February 18, 2026.
  • Under OALP-X, 25 blocks with a total area of about 191,986 square kilometres have been offered to bidders for finding and producing oil and gas.
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Sources

  1. Oil, gas block auction deadline extended for fourth time

This quick summary is automatically generated using AI based on reports from multiple news sources. The content has not been reviewed or verified by humans. For complete details, accuracy, and context, please refer to the original published articles.

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