India’s February crude oil production falls below target

India’s crude oil production (including condensate) in February was 2896.67 TMT, 3.37 percent lower than the target for the month and 0.75 percent higher than the production during corresponding period of last year, a government statement said.

Cumulative crude oil production during April 2015-February 2016 was 33,887.63 TMT, 0.17 percent higher than target for the period and 1.01 percent lower than the production during corresponding period of last year.

Crude Oil Production (TMT)

Oil Company Target February (Month) April-February (Cumulative)
2015-16 (Apr-Mar) 2015-16 2014-15 % over last year 2015-16 2014-15 % over last year
Target Prod. Prod. Target Prod. Prod.
ONGC 22732.00 1853.67 1780.73 1705.91 104.39 20741.72 20497.88 20314.95 100.90
OIL 3595.00 292.99 246.21 255.44 96.39 3278.72 2957.19 3122.87 94.69
PSC Fields 10718.74 851.07 869.73 913.69 95.19 9808.98 10432.56 10796.55 96.63
Total 37045.74 2997.72 2896.67 2875.04 100.75 33829.42 33887.63 34234.36 98.99

 

Leave a Reply

Your email address will not be published.