Latest Data on Oil & Natural Gas Production

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CRUDE OIL

Indigenous crude oil production (including condensate) during September, 2015 was 3042.369 TMT which is 0.89% lower than the target for the month and 0.06% lower than the production during corresponding period of last year.

Cumulative crude oil production during April-September, 2015 was 18680.763 TMT which is 1.32% higher than target for the period and 0.43% higher than the production during corresponding period of last year.

ONGC’s crude oil production during September, 2015 was 1856.795 TMT which is 2.07% lower than the target for the month and 2.56% higher than the production achieved in the corresponding month of last year.

ONGC’s cumulative production during April-September, 2015 was 11241.436 TMT which is 0.75% lower than the cumulative target and 1.61% higher than the production during the corresponding period of last year. The shortfall in ONGC’s production was due to following reason:

  • Offshore: Less than expected production from Cluster-7 due to closure of 1 well closed due to high CO2 content and 1 well converted to water injector. Less than planned production from WO-16 cluster.
  • Ahmedabad & Mehsana, Gujarat: closure of Kalol-Ramol GAIL line leakage; Increase in water cut in North Kadi; Less air injection in Santhal field; Power shutdown affecting artificial lift operations.
  • Assam : Power shut down, low gas injection pressure.

Oil India Limited’s crude oil production during September 2015 was 261.514 TMT which is 10.87% lower than the target for the month and 6.34% lower than the production achieved in the corresponding month of last year.

OIL’s cumulative production during April-September, 2015 was 1649.661 TMT which is 6.44% lower than the cumulative target and 3.41% lower than the production during the corresponding period of last year.

Reasons for shortfall in production are given below:

  • The shortfall is mainly due to bandhs, blockades and flood because of continuous rainfall.
  • Retrieval of wellhead potential by workover effort has exhibited a diminishing trend because of ageing of the major oilfields.
  • Potential build-up by drilling effort falls short of expectation because of limited structural traps which can be exploited, and plateauing of majority of the established oilfields.

Private/Joint Ventures’ crude oil production during September, 2015 was 924.06 TMT which is 4.97% higher than the target for the month and 3.21% lower than production of corresponding month of last year.

Pvt/JV’s cumulative production during April-September, 2015 was 5789.666 TMT which is 8.25% higher than the cumulative target and 0.69% lower than the production during the corresponding period of last year.

Reasons for shortfall in production are given below:

  • Cairn: Under performance of Bhagyam well and Ravva
  • RIL: Under performance of wells in KG-D6
  • JV of ONGC,BG&RIL: Natural decline in Panna Mukta
  • GEOENPRO: Production lower due to sand ingress in Kharsang

current affairsNATURAL GAS

Natural Gas Production during September, 2015 was 2750.054 MMSCM which is 6.53% lower than the target for the month and 0.88% higher than the production during corresponding period of last year.

Cumulative natural gas production during April-September, 2015 was 16448.835 MMSCM which is 5.56% lower than the target for the period and 2.14% lower than the production during corresponding period of last year.

ONGC’s natural gas production during September, 2015 was 1815.394 MMSCM which is 9.28% lower than the target for the month and 2.08% higher than the production achieved in the corresponding month of last year.

ONGC’s cumulative natural gas production during April-September, 2015 was 10837.888 MMSCM which is 7.40% lower than the cumulative target and 1.29% lower than the production during the corresponding period of last year.

Reasons for the shortfall are given below:

  • Bassein & Satelite: Seizure of 4 wells in Bassein field. Lower than envisaged production after repair of South Bassein Heera Trunk line. Two wells of B193 kept closed due to AGDU breakdown.
  • EOA: Delay in commencement of production from one deep water well planned in Eastern offshore. Restricted withdrawal by GAIL in view of pipeline safety issues.
  • Ahmedabad: Closure of wells due to unplanned shut down of GAIL Gas line from Ahmedabad/Kalol to Ramol. Decline in associated gas production in South Kadi, Limbodara & Gamij fields.
  • Tripura: Less off take by OTPC due to operational issues
  • Rajahmundry: GAIL Pipelines in Tatipaka-Lanco & Endamaru- Oduru sectors still under repair.
  • Cauvery: Less gas production due to less demand by GAIL.

OIL’s natural gas production during September, 2015 was 227.080 MMSCM which is 14.05% lower than the target for the month and 4.25% higher than the production achieved in the corresponding month of last year.

OIL’s cumulative natural gas production during April-September, 2015 was 1343.965 MMSCM which is 9.26% lower than the cumulative target and 1.94% lower than the production during the corresponding period of last year.

Reasons for the shortfall are given below:

  • Production affected due to less gas withdrawal by the potential customers like BVFCL, NTPS, LTPS, BCPL and RRVUNL

Private/Joint Venture’s natural gas production during September, 2015 was 707.580 MMSCM which is 4.52% higher than the target for the month and 3.06% lower than the production achieved in the corresponding month of last year.

Pvt. /JV’s cumulative natural gas production during April-September, 2015 was 4266.982 MMSCM which is 0.82% higher than the cumulative target and 4.30% lower than the production during the corresponding period of last year.

Reasons for the shortfall are given below:

  • RIL (KG-D6): Underperformance of MA wells.
  • JV of BG, RIL & ONGC (M&S Tapti): Under performance of recently drilled 6 wells. Operator proposed for field abandonment.
  • GSPC (KG-OSN-2001/3): Less than expected trial gas production from 3 wells.
  • CBM: Extended dewatering in Raniganj South (GEECL), Delayed forest clearance in Raniganj East (Essar)

Read – Kelkar Panel on Revitalizing PPP Model

REFINERY PRODUCTION (in terms of Crude oil processed):

Refinery production during September, 2015 was 18042.961 TMT which is 0.45% lower than the target for the month and 0.48% higher than the production during corresponding period of last year.

Cumulative refinery production during April-September, 2015 was 112600.594 TMT which is 2.31% higher than the target for the period and 3.65% higher than the production during corresponding period of last year.

PSU Refineries’ production during September, 2015 was 9733.127 TMT which is 1.76% lower than the target for the month and 1.60% lower than the production achieved in the corresponding month of last year.

Cumulative refinery production of PSUs during April-September, 2015 was 60671.835 TMT which is 1.50% higher than the cumulative target and 2.79% higher than the production during the corresponding period of last year.

Reasons for shortfalls in PSU refineries are :

  • IOCL, Gujarat: Deferment of shutdown from Aug’15 to Sep’15.
  • IOCL, Haldia: Deferment of shutdown from Jul-Aug’15 to Sep-Oct’15.
  • IOCL, Guwahati: Lower Assam crude availability.
  • BPCL, Mumbai: Shutdown of CCU & CCR units.
  • CPCL, Manali: Production lowers mainly to contain VGO production on account of delayed startup of Hydrocracker Unit after shutdown.
  • MRPL Mangalore: Production lowers due to Phase III Power Plant trip.

Production in Joint Venture refineries during September, 2015 was 1526.636 TMT which is 51.50% higher than the target for the month and 136.38% higher than the production achieved in the corresponding month of last year.

Cumulative refinery production in JV refineries during April-September, 2015 was 8529.158 TMT which is 27.30% higher than the cumulative target and 59.11% higher than the production during the corresponding period of last year.

Read – Latest Data on Index of Industrial Production

Production in private refineries during September, 2015 was 6783.198 TMT which is 5.92% lower than the target for the month and 8.58% lower than the production achieved in the corresponding month of last year.

Cumulative refinery production in private refineries during April-September, 2015 was 43399.601 TMT which is 0.41% lower than the cumulative target and 1.93% lower than the production during the corresponding period of last year.

Reasons for shortfalls in PSU refineries are:

  • EOL, Vadinar: Refinery is under shutdown since 18th September 2015.

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