India’s November crude oil production lower than last year

India’s domestic crude oil during November came in slightly lower than in the same month last year, according to data released by the government.

A statement said total production last month was 3039.518 TMT, which is 0.55 percent higher than the target for the month and 3.3 percent lower than the production during the corresponding period of last year.

It said ONGC’s crude oil production was 1837.993 TMT, which was 0.45 percent lower than the target for the month and 1.2 percent lower than the production in November last year. ONGC’s cumulative production during April-November, 2015 was 14988.178 TMT which is 0.28% lower than the cumulative target and 1.08% higher than the production during the corresponding period of last year. The shortfall in ONGC’s production, according to the statement was due to following reason:

  • Gujarat, Mehsana: Less Air injection in Santhal field, increasing water cut, power shut down, ceasure of high potential wells of Nandasan field & de-optimization of gas lift.
  • Gujarat, Ahmedabad: Poor influx, ceasure of wells, increase in water cut, power shutdown & delayed / less gain from Gamij Field.
  • Gujarat, Cambay: Less than envisaged production from Nadiad and Vadatal.
  • Assam: Low Gas injection pressure, power shutdown & poor influx.
  • Tamilnadu, Karaikal: Less than anticipated production from Madanam field.
  • Offshore: Less production from Cluster-7 & WO-16 in Mumbai high. Less gas/condensate receipt from offshore.

OIL’s  production during November was 264.878 TMT, which is 10.56 percent lower than the target for the month and 7.1 percent lower than the production achieved in the corresponding month of last year. OIL’s cumulative production during April-November, 2015 was 2180.488 TMT, which is 7.8 percent lower than the cumulative target and 4.8 percent lower than the production during the corresponding period of last year. Reasons for shortfall in production are given below:

  • Rise in water cut in wells of Greater Chandmari and Greater Hapjan Field
  • Permanent loss at Makum & Hapjan OCS after re-opening of wells
  • Loss in 3 days production during Bandhs
  • Less than planned contribution from work over & new wells.

Crude oil production by private companies and various joint ventures in November was 936.647 TMT, which is 6.39 percent higher than the target for the month and 5.9 percent lower than production of corresponding month of last year. Their cumulative production during April-November, 2015 was 7702.189 TMT, 7.9 percent higher than the cumulative target and 1.80 percent lower than the production during the corresponding period of last year. Reasons for shortfall in production are given below:

  • Cairn: Natural decline in Ravva, Mangala and underperformance of Bhagyam wells in RJ-ON-90/1
  • RIL: Under performance of wells in KG-D
  • JV of ONGC, BG&RIL: Natural decline in Panna Mukta
  • GEOENPRO: Sand ingress in Kharsang

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