Samudra Manthan – National Offshore Exploration Scheme

1. At a Glance

2. Why in the News

3. Background & Evolution

4. Core Static Facts

Item Detail
Implementing Ministry Ministry of Petroleum & Natural Gas [S1][S2]
Scheme type Central Sector Scheme [S1]
Cabinet approval date 31 July 2026 [S1]
Phase-I outlay ₹84,084 crore, up to FY 2030–31 [S1][S2]
Seismic Data Acquisition allocation ₹28,534 crore [S2]
Offshore Exploration & Infrastructure allocation ₹55,200 crore [S2]
Monitoring & Support Activities allocation ₹350 crore [S2]
Deepwater well drilling support budget ₹43,200 crore for 60 planned deepwater/ultra-deepwater wells [S2]
Financial support per well Up to 50% of eligible drilling cost, or ₹675 crore/well, whichever lower [S1][S2]
Well depth covered Up to 3,000 metres water depth [S2]
Reserve base target From 1.6 billion TOE to 2.2 billion TOE [S1]
Reserve addition target Over 600 MMTOE [S1][S2]
Production target 62 MMTOE → 80 MMTOE/year; incremental 10–15 MMTOE, peak potential 20 MMTOE [S1][S2]
Estimated offshore basin potential 5,600 MMTOE [S2]
Geographic focus basins Krishna-Godavari, Cauvery, Mahanadi, Andaman, Kutch [S1][S2]
Manufacturing zone investment ₹2,000 crore — Oil and Gas Manufacturing and Services Zone [S2]
Common infrastructure fund ₹10,000 crore for shared production/evacuation facilities [S2]
Import substitution impact Could cut crude imports by nearly ₹1 lakh crore/year [S2]

5. Multi-Dimensional Analysis

Economic - Reduces India's crude oil import dependence (currently >85%), with potential annual import bill savings of ~₹1 lakh crore [S2]. - De-risks private/PSU investment in high-cost deepwater exploration via 50% cost-sharing on drilling [S1][S2].

Scientific / Technological - Emphasis on modern seismic data acquisition (₹28,534 crore) and ultra-deepwater drilling technology (up to 3,000 m water depth) [S2]. - Supports a "Data Driven Exploration" approach, formalized through MoPNG's dedicated conference under the scheme [S3].

Administrative - Structured in distinct budget verticals — seismic data, exploration/infrastructure, monitoring, well-drilling support, manufacturing zone — enabling component-wise implementation tracking [S2]. - Central Sector Scheme design means full central funding/administration, bypassing state cost-sharing complexities typical of Centrally Sponsored Schemes [S1].

Strategic / Energy Security - Directly targets self-reliance ("Atmanirbharta") in energy, reducing exposure to global crude price volatility and supply-chain shocks (e.g., West Asia disruptions) [S4]. - Focus on frontier/strategic basins including Andaman, relevant to India's maritime and offshore strategic footprint [S1][S2].

Governance (Make in India) - Dedicated ₹2,000 crore Oil and Gas Manufacturing and Services Zone to build domestic capability in manufacturing, repair, warehousing, and engineering — aligned with Make in India [S2].

6. Recent Developments (last 12–18 months)

7. Prelims Hooks

8. Mains Relevance

9. Related Topics to Study Next

10. Common Errors / Trap Areas

11. Sources