According to the monthly production report released by the Ministry of Petroleum & Natural Gas on Tuesday, India’s domestic oil production continued to decline in November 2021 with the crude oil production down 6.89% as compared to the corresponding period last year.
Natural gas production during November 2021 was 2869.47 MMSCM, which is 23.09% higher than the production of November 2020 but 12.8% lower than the monthly target. Cumulative natural gas production during April-November2021 was 22777.21 MMSCM, which is 21.78% higher than production during the corresponding period of last year but 7.9% lower when compared with a target for the period.
Unit-wise production details with reasons for the shortfall are as under: Crude oil production by ONGC (Oil and Natural Gas Corporation) in the nomination block during November 2021 was 1598.22 TMT, which is 5.11% lower than the target of the month and 3.0% lower when compared with production of November 2020. Cumulative crude oil production by ONGC during April-November, 2021 was 12943.41 TMT, which is 4.32% and 4.18% lower than the target for the period and production during the corresponding period of last year respectively. Reasons for shortfall in production are as under:
- Less than anticipated production from WO-16 cluster due to delay in the mobilization of MOPU Sagar Samrat.
- Less than anticipated production from Cluster-8 fields due to delay in inputs as installation of wellhead platforms got delayed due to Covid impact.
- Loss in oil production in Ratna& R-Series due to delay in H2S package at R-13A wells.
- Increase in water cut and decline in liquid production in Gandhar field in Ankleshwar.
Crude oil production by OIL (Oil India Ltd) in the nomination block during November 2021 was 241.42 TMT, which is 9.5% lower than target of the month and 0.73% lower when compared with production of November 2020. Cumulative crude oil production by OIL during April-November 2021 was 1989.49 TMT, which is 0.21% higher than the production during corresponding period of last year but 4.06% lower than target for the period. Reasons for shortfall in production are as under:
- Less than planned contribution from workover wells and drilling wells.
- Less than planned due to local disturbance & miscreant’s activities in main producing area (MPA).
According to the monthly production report released by the ministry of petroleum and natural gas, crude oil production by Pvt/JVs companies in the PSC/RSC regime during November 2021 was 591.80TMT, which is 10.37% lower than the target of the reporting and 0.66% lower than the month production of November 2020. Cumulative crude oil production by Pvt/JVs companies during April-November2021 was 4935.52 TMT, which is 0.04% marginally higher than the production during corresponding period of last year but 4.65% lower than target for the period. Reasons for shortfall in production are as under:
- MB/OSDSF/B80/2016 (Hindustan Oil Exploration Company Ltd.): Delay in commencement of production.
- RAVVA (Cairn Energy India Ltd): Production shortfall is due to less water injection in RC-4ST and RC-11z which has caused lower production from producer wells.
- CB-OS/2 ((Cairn Energy India Ltd): Production shortfall is due to Natural decline, increase in water cut observed in aquifer supported pools and Recent sanding/loading issues in the wells.
Crude Oil Processed during November 2021 was 21483.42 TMT, which is 3.38% higher than November 2020 and 3.49% higher than the target for the month. Cumulative crude throughput during April-November2021 was 155732.52 TMT, which is 11.77% higher than the production of corresponding period of last year but 1.04% lower than target for the period.
JV refineries’ crude oil processed
During November 2021 was 1763.86 TMT, which is 17.91% higher than the target for the month and 8.08% higher than November 2020. Cumulative crude throughput during April-November 2021 was 13439.78 TMT, which is 11.83% and 23.62% higher than target for the period and production during corresponding period of last year respectively.
Private refineries’ crude oil processed
During November 2021 was 7136.42 TMT, which is 2.56% higher than the corresponding month of last year. Cumulative crude throughput during April-November 2021 was 55763.84 TMT, which is 9.6% higher than the corresponding period of last year.
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