Tomorrow’s Consulting Guru Challenge “ India’s unmet energy demand: Increase Oil supply by 10%”1
2Agenda
3Methodology
 Energy Needs & Growth India & China are the major drivers for energy growth
 By 2030, India & China would need around 28% of world energy consumption
 Energy demand in India expected to grow at a rate of 5.2% ProductionConsumption Importance of oil as a source of energy is still increasing
 Enhanced extraction requires more energy input than the output oil contains
 Extraction from oil shale and tar sands is slow, expensive, heavily polluting and resource- (e.g. water) and time-consuming4
 Energy Scenario: Oil & GasConsumption of Gas increasing at a higher rateTotal Energy Consumption = 469.5 MtoeOil Consumption = 148.5 Mtoe       Gas Consumption = 46.7 Mtoe       Mtoe- Million Tonne Oil Equivalent195.2 MtoeSource: BP Statistical Review of Energy 20105
Problem“ India’s unmet energy demand: Business model to increase Oil supply by 10%”“Assume you have been hired by the  Government of India to provide a series of recommendations on developing a business model to increase India’s oil production potential by 10 %”6
3 Pronged Approach  Tendering process
 Alliance
 Local barrier
 Contract terms & conditions
Shale Gas/ Oil
 Coal Bed Methane
 Coal Gasification
 Enhanced Oil Recovery
 Gas Hydrate
 Marginal Oil Fields
 Total maintenance reliability

India's Energy Sector - How to increase Oil Supply

Editor's Notes

  • #8 Reservoir and well management practices
  • #10 ONGC has ventured into Shale Gas exploration by spudding the first Shale Gas well RNSG-1 in Ichapur village near Durgapur in Burdwan District of West Bengal on September 21, 2010. The well is targeted to a depth of 2000 mts and will be assessing the Shale Gas potential of about 700 mts thick shale. of Permian age which is about 250 to 300 million years old. As its R&D efforts, ONGC plans to drill three more wells in Damodar Valley by end of XI Plan.
  • #11 The government is planning to raise the price of state-administered, or APM, gas sold to sectors other than power and fertilizer by over 10% to $5.25 per million British thermal unit. US, the cost of shale gas production varies from $3.3 per mmbtu to $6.4 per mmbtu Oil and Natural Gas Corporation has approved a research and development plan for the exploration of shale gas at CBM blocks at Raniganj and North Karanpura in the Damodar Basin, at a cost of $27.1m.