Need for seismic sedimentary basin data

Sedimentary rocks are storehouses of energy resources like petroleum and natural gas. Hence for any country to diversify its energy options, it is very essential to have seismic sedimentary basin data. But India has been lacking in the same.

The lack of proper data has affected the e&p in the following ways

- without the data, it is difficult to ascertain the energy resources in the country
- Private companies have to spend extra resources for exploration
- Expansion of new resources like shale gas has been slow.
- Non uniform pockets of development in energy sector as entire country data is not available

However, the present govt has undertaken numerous steps to resolve the issue

- National data repository is expected to come up to provide the required database
- open acreage licensing policy will help open up 2.8 million square kilometres of sedimentary basins for exploration

Hence such steps will help the oil and gas sector in the country