Crude oil production in india plunges by ~14% than target.

23 APR 2020

  1. Crude Oil

Crude oil production during March,2020 was 2697.42 TMT which is13.97% lower than target and5.50% lower when compared with March 2019. Cumulative crude oil production during April-March, 2019-20 was 32169.27 TMT which is 8.20% and 5.95% lower than target for the period and production during corresponding period of last year respectively.Unit-wise and State-wise crude oil production is given at Annexure-I. Unit-wise crude oil production for the month of March, 2020 and cumulatively for the period April-March, 2019-20 vis-à-vis same period of last year has been shown in Table-1 and month-wise in Figure-1.

Table-1: Crude Oil Production (in TMT)

Oil CompanyTargetMarch (Month)April-March (Cumulative)
2019-20 (Apr-Mar)2019-202018-19% over last year2019-202018-19% over last year
TargetProd.*Prod.TargetProd.*Prod.
ONGC22153.902081.451778.111768.17100.5622153.9020626.9521042.1198.03
OIL3424.90294.23254.07278.1091.363424.903106.613293.1394.34
PSC Fields9463.34759.85665.25808.0482.339463.348435.719868.0285.49
Total35042.153135.532697.422854.3294.5035042.1532169.2734203.2794.05

Note: Totals may not tally due to rounding off.                                       *: Provisional

 

Figure-1: Monthly Crude Oil Production

Unit-wise production details with reasons for shortfall are as under:

  • Crude oil production by ONGCduring March, 2020 was 1778.11 TMT which is marginally higher 0.56%when compared with March,2019 but 14.57% lower than the target for the month. Cumulative crude oil production by ONGC during April-March, 2019-20 was 20626.95 TMT which is 6.89%and 1.97% lower than target for the period andproduction during corresponding period of last year respectively. Reasons for shortfall in production are as under:
    • Non realization of production from WO-16 cluster due to unavailability of MOPU.
    • Less production from B-127 Cluster due to increase in water cut.
    • ESP issues in wells of NBP and Ratna fields.
    • Increase in water cut in certain wells of Mumbai High, Heera, Neelam& B173A fields.
    • Less oil production due to restriction of movements for field operations in onshore fields due to COVID-19 lockdown.
  • Crude oil production by OILduring March, 2020 was254.07 TMT which is 13.65% lower than the monthly target and 8.64% lower than the March, 2019. Cumulative crude oil production by OIL during April-March, 2019-20 was 3106.61 TMT which is 9.29% and 5.66% lower than target for the period and production during corresponding period of last year respectively. Reasons for shortfall in production are as under:
    • Rise in water cut in wells & decline in total liquid production of wells as a consequential effect of the wells shut-in during bandhs.
    • Impact on progress of Workover and Drilling operations due to COVID-19.
    • Less than planned contribution from workover and drilling wells as well as old well.
  • Crude oil production byPvt/JVsduring March,2020 was 665.25 TMT which islower by 12.45% than the monthly target and 17.67%lowerthanMarch, 2019.Cumulative crude oil production by Pvt/JVs during April-March, 2019-20 was 8435.71 TMT which is 10.86% and 14.51% lower than target for the period and production during corresponding period of last year respectively.Reasons for shortfall in production are as under:
    • RJ-ON-90/1: Less than planned contribution from workover and drilling wells. ESP and Operations issues etc. in the Mangala, Bhagyam Aishwarya, ABH and Satellite fields.
    • CB-OS/2: Production reduced in 5 oil wells due to water loading and sand issue. (CEIL)
    • KG-ONN-2003/1: Underperformance of wells (ONGC)
  1. Natural Gas

Natural gas production during March,2020 was 2411.16 MMSCM which is 21.89% lower than the monthly target and 14.38% lower when compared with March, 2019. Cumulative natural gas production during April-March, 2019-20 was 31179.96MMSCM which is 9.76% and 5.15% lower than target for the period and production during corresponding period of last year respectively. Unit-wise and state-wise natural gas production is given at Annexure-II. Unit-wise natural gas production for the month of March, 2020 and cumulatively for the period April-March, 2019-20 vis-à-vis same period of last year has been shown in Table-2 and month-wise in Figure-2.

Table-2: Natural Gas Production (MMSCM)

Oil CompanyTargetMarch (Month)April-March (Cumulative)
2019-20 (Apr-Mar)2019-202018-19% over last year2019-202018-19% over last year
TargetProd.*Prod.TargetProd.*Prod.
ONGC25848.002359.201905.522134.8989.2625848.0023746.1924674.6596.24
OIL3309.59271.64211.62235.1290.003309.592668.252721.9198.03
PSC Fields5395.20456.08294.03445.9565.935395.204765.515476.8287.01
Total34552.793086.932411.162815.9685.6234552.7931179.9632873.3794.85

Note:  Totals may not tally due to rounding off.                                       *: Provisional

 

Figure-2: Monthly Natural Gas Production

  • Natural gas production by ONGCduring March, 2020 was 1905.52MMSCM which is 19.23% lower than target and 10.74% lower when compared with March 2019. Cumulative natural gas production by ONGC duringApril-March, 2019-20 was 23746.19 MMSCM which is 8.13% and 3.76% lower than target for the period and production during corresponding period of last year respectively.Reasons for shortfall in production are as under:
    • Closure of gas wells in offshore in March’20 due to less offtake by GAIL and GSPC due to on-going COVID-19  lockdown conditions.
    • Less Gas production from Vasistha/S1 wells in EOA due to sand/increase in water
    • Non-realization of gas production planned from WO16 cluster.
    • Less than planned gas production from Bassein field, Daman Tapti Block and marginal fields.
    • Less production due to less gas off take by OTPC, Tripura.
    • Less production due to less gas off take by gas consumers in Cauvery and Rajahmundry assets and no gas off-take in Jodhpur Asset.
  • Natural gas production by OILduring March, 2020 was 211.62 MMSCM which is 22.10% lower than monthly target and 10% lower than March, 2019. Cumulative natural gas production by OIL during April-March, 2019-20 was 2668.25 MMSCM which is 19.38% and 1.97% lower than target for the period and production during corresponding period of last year respectively. Reasons for shortfall in production are as under:
    • Decline in production potential of gas wells consequent shut-in during protest and bandhs.
    • Controlled production because of low market demand (Tea Sector) during lockdown due to COVID19
    • Brahmaputra Valley Fertilizer Corporation Limited,BVFCL’s Namrup-II plants shutdown due to problem in Synthesis Gas Section and Namrup-III plants shut-down due to Urea reactor tube leakage.
    • Low upliftment by NRL due to malfunction of the Power Generation unit.
    • NTPS – Due to various maintenance issues of their existing gas turbines. Besides these, Namrup Replacement Power project (NRPP) shutdown due to compressor valve problem.
  • Natural gas production by Pvt/JVs during March,2020 was 294.03 MMSCM which is 35.53% lowerthan monthly target and34.07% lower than March, 2019. Cumulative natural gas production by Pvt/JVs during April-March, 2019 was 4765.51MMSCM which is 11.67% and 12.99% lower than target for the period and production during corresponding period of last year respectively. Reasons for shortfall in production are as under:
    • RJ-ON/6: Less offtake by consumers and few wells under workover. (FEL)
    • Sohagpur West: Gas breakout awaited in dewatering wells.
    • Raniganj East: Less offtake by consumers (ESSAR)
    • AAP-ON-94/1: Less offtake by consumers. (HOEC)

 

  1. Refinery Production (in terms of crude oil processed)

Refinery production during March, 2020 was 21203.58TMT which is 8.59% lower than the target for the month and5.74% lowerwhen compared with March, 2019. Cumulative production during April-March, 2019-20 was254385.82 TMT which is0.14% and 1.1% lower than target for the period and production during corresponding period of last year respectively. Unit-wise production is given at Annexure-III. Company-wise production for the month of March, 2020 and cumulatively for the period April-March, 2019-20vis-à-Vis same period of last year has been shown in Table-3 and month-wise in Figure-3.

Figure 3: Monthly Refinery Production

Table 3: Refinery Production (TMT)

Oil CompanyTargetMarch (Month)April-March (Cumulative)
2019-20 (Apr-Mar)2019-202018-19% over last year2019-202018-19% over last year
TargetProd.*Prod.TargetProd.*Prod.
CPSE147944.8113664.9312261.5712753.9596.14147944.69144715.80150975.6695.85
IOCL71900.256703.675736.135659.69101.3571900.2569419.3671815.8696.66
BPCL30900.002695.002706.522793.0596.9030899.9931532.1130823.44102.30
HPCL16499.001598.001514.771627.3093.0916499.0017180.2118444.0793.15
CPCL10400.00930.00853.191003.8884.9910400.0010160.6410694.7095.01
NRL2799.80259.10247.65246.10100.632799.802383.342900.3982.17
MRPL15400.001475.001196.681416.0184.5115400.0013953.1116231.0585.97
ONGC45.764.166.637.9383.6645.7686.9366.16131.40
JVs18755.001588.001698.071797.5694.4718755.0020154.9718188.69110.81
BORL7800.00660.00733.21702.78104.337800.007912.915715.88138.44
HMEL10955.00928.00964.861094.7888.1310955.0012242.0612472.8098.15
Private88040.527943.937243.957943.9391.1988040.5289515.1688040.52101.67
RIL69145.006153.915524.946153.9189.7869145.0068894.9969145.0099.64
EOL18895.521790.011719.011790.0196.0318895.5220620.1818895.52109.13
TOTAL254740.3223196.8521203.5822495.4394.26254740.32254385.82257204.8698.90

Note: Totals may not tally due to rounding off.                       *: Provisional

 

  • CPSE Refineries’ productionduring March, 2020 was 12261.57TMT which is 10.27% lower than the target for the month and3.86%lowerwhen compared with March, 2019.Cumulative production by CPSE refineries during April-March, 2019-20 was 144715.69TMT which is 2.18% and 4.15% lower than target for the period and production during corresponding period of last year respectively. Reasons for shortfall of refinery production in some CPSE refineries are as under.
    • IOCL, Guwahati & Bongaigaon: Lower due to planned shutdown.
    • IOCL, Barauni, Haldia, Mathura, Panipat, Paradip and Jharia: Lower in line with demand.
    • CPCL, Manali: Crude throughput is lower than target due to product containment issues because of Covid-19 lockdown.
    • NRL, Numaligarh: Processing is as per crude availability
  • Production in JV refineriesduring March, 2020 was 1698.07TMT which is 6.93% higher than the target for the month but 5.53% lower when compared with March, 2019. Cumulative production by CPSE refineries during April-March, 2019-20 was 20154.97 TMT which is 7.46% and 10.81% higher than target for the period and production during corresponding period of last year respectively..
  • Production in private refineriesduring March, 2020 was 7243.95TMT which is 8.81% lower than the target as well as corresponding month of last year. Cumulative production by private refineries during April-March, 2019-20 was 89515.16 TMT which is 1.67% higher than the target as well as corresponding period of last year.