75 small oil & gas fields on auction from April 1
Bidding for 75 small and marginal oil and gas discoveries, mostly of ONGC, that are being offered in the DSF-III bid round, will begin on April 1 and close on May 16, according to the DGH. The third bidding round under the Discovered Small Fields policy (DSF-III) was launched on June 10, 2021.
The original deadline for submission of bids was August 31, 2021. However, this was postponed to October 29, 2021. The start was again put off to February 1, 2022 and closing slated for March 15, 2022. As the bid deadline approached, it was again postponed without any reasons being given.
