Production Performance of Oil & Natural Gas Sector for October, 2016

Production Performance of Oil & Natural Gas Sector for October, 2016

Crude Oil

  1. Crude oil production[1] during October, 2016 was 3050.87 TMT which is 1.90% and 3.20% lower than target and production achieved in October, 2015 respectively. Cumulative crude oil production during April-October, 2016 was 21114.51 TMT which is 1.21% and 3.29% lower than target 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 October, 2016 and cumulatively for the period April-October, 2016 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 Company Target October (Month) April-October (Cumulative)
2016-17 (Apr-Mar) 2016-17 2015-16 % over last year 2016-17 2015-16 % over last year
Target Prod.* Prod. Target Prod.* Prod.
ONGC 22766.00 1898.46 1872.31 1909.35 98.06 13074.54 12901.21 13150.19 98.11
OIL 3480.00 290.09 275.62 265.95 103.64 1909.01 1880.40 1915.61 98.16
PSC Fields 10839.32 921.30 902.94 976.52 92.47 6389.48 6332.90 6766.18 93.60
Total 37085.32 3109.85 3050.87 3151.82 96.80 21373.03 21114.51 21831.98 96.71

            *: Provisional

 

 

 

 

Figure-1: Monthly Crude Oil Production

 

 

Unit-wise production details with reasons for shortfall have been given in following sub-sections:

 

1.1   Crude oil production by ONGC during October, 2016 was 1872.31 TMT which is 1.38% lower than the monthly target and 1.94% less when compared with October, 2015. Cumulative crude oil production during April-October, 2016 was 12901.21 TMT which is 1.33% lower than target for the period and 1.89% lower than the production during corresponding period of last year. Shortfall in production was mainly due to less than planned production from matured and marginal fields.

 

1.1        Crude oil production by OIL during October, 2016 was 275.62 TMT which is 4.99% lower than monthly target but 3.64% higher than production in October 2015. Cumulative crude oil production during April-October, 2016 was 1880.40 TMT which is 1.50% lower than target for the period and 1.84% lower than the production during corresponding period of last year. The major reason for shortfall in production was less than planned contribution from high producing areas like Greater Hapjan, Greater Chandmari and Nahorkatiya fields primarily on account of rise in water cut.

 

1.2        Crude oil production by Pvt. /JVs during October 2016 was 902.94 TMT which is 1.99% lower than the monthly target and 7.53% lower than October, 2015. Cumulative crude oil production during April-October, 2016 was 6332.90 TMT which is 0.89 % lower than target for the period and 6.40% lower than the production during corresponding period of last year. Reasons for shortfall in production are as under:

 

v  High water cut in Bhagyam field & Natural Decline of Mangala wells of RJ-ON-90/1 and Process Shutdown at MPT on 3rd and 7th October in RJ-ON-90/1.

v  Natural Decline in Ravva & CB-OS/2.

v  Closure of 1 well in MA field in KG-DWN-98/3.

 

Natural Gas

2              Natural gas production during October, 2016 was 2755.13 MMSCM which is 5.35% lower than the target for the month and 1.43% lower than the production in October, 2015. Cumulative natural gas production during April-October, 2016 was 18478.66 MMSCM which is 3.94% lower than target for the period and 3.98% lower than the production during corresponding period of last year. Unit-wise and state-wise natural gas production is given at Annexure-II. Unit-wise natural gas production for the month of October, 2016 and cumulatively for the period April-October, 2016 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 Company Target October (Month) April-October (Cumulative)
2016-17 (Apr-Mar) 2016-17 2015-16 % over last year 2016-17 2015-16 % over last year
Target Prod.* Prod. Target Prod.* Prod.
ONGC 22743.43 1950.80 1943.03 1838.44 105.69 12743.79 12626.57 12676.32 99.61
OIL 2950.03 255.90 245.78 254.33 96.64 1770.43 1720.15 1598.30 107.62
PSC Fields 8425.44 704.01 566.32 702.25 80.64 4722.83 4131.94 4969.23 83.15
Total 34118.90 2910.71 2755.13 2795.02 98.57 19237.05 18478.66 19243.86 96.02

*: Provisional

 

 

 

 

Figure-2: Monthly Natural Gas Production

 

 

 

2.1        Natural gas production by ONGC during October, 2016 was 1943.03 MMSCM which is 0.40% lower than the monthly target but 5.69% higher when compared with October, 2015. Cumulative natural gas production during April-October, 2016 was 12626.57 MMSCM which is 0.92% lower than the cumulative target and 0.39% lower than the production during the corresponding period of last year. Shortfall in production was mainly due to less than planned production from matured and marginal fields.

 

2.2        Natural gas production by OIL during October, 2016 was 245.78 MMSCM which is 3.95% lower than the monthly target and 3.36% lower than October, 2015. Cumulative natural gas production during April-October, 2016 was 1720.15 MMSCM which is 2.84% lower than the cumulative target but 7.62% higher than the production during the corresponding period of last year. Reasons for shortfall in production are as under:

 

v  Low production due to decline in production potential in a few high producing gas wells due to unexpected subsurface problems like water and sand ingress.

v  BVFCL – Namrup-II shutdown for 9 days for problem in NG Booster compressor and leakage in Primary Reformer Tubes and Namrup-II plant shutdown since 08.10.2016 due to breakdown of Process Air Compressor

v  NTPS – Due to unplanned intermittent shutdown of GT#2 and GT#4 for maintenance purpose.

 

2.3    Natural gas production by Pvt. /JVs during October, 2016 was 566.32 MMSCM which is 19.56% lower than the monthly target and 19.36% less when compared with October, 2015. Cumulative natural gas production during April-October, 2016 was 4131.94 MMSCM which is 12.51% lower than the cumulative target and 16.85% lower than the production during the corresponding period of last year. Reasons for shortfall in production are as under:

v  Closure of 1 well in MA and 1 well in D1D3 field in KG-DWN-98/3.

v  PC, PG & PF Platforms shutdown for different durations at Panna-Mukta, in response to leak in riser.

v  Increase in Water cut in few wells in RJ-ON/6.

v  Underperformance of Sohagpur West CBM blocks.

v  Natural Decline in Ravva.

 

 

Refinery Production (in terms of Crude oil processed)

 

3       Refinery production during October, 2016 was 21029.27 TMT which is 1.74% higher than the target for the month and 15.11% higher than the production during corresponding period of last year. Cumulative production during April-October, 2016 was 142529.56 TMT which is 2.82% higher than the target for the period and 8.91% higher than the production during corresponding period of last year. Unit-wise production is given at Annexure-III. Company-wise production for the month of October, 2016 and cumulatively for the period April-October, 2016 vis-à-vis same period of last year has been shown in Table-3 and month-wise in Figure-3.

 

 

           Table 3: Refinery Production (TMT)

Oil Company Target October (Month) April-October (Cumulative)
2016-17 (Apr-Mar) 2016-17 2015-16 % over last year 2016-17 2015-16 % over last year
Target Prod.* Prod. Target Prod.* Prod.
PSUS 135565.03 11569.05 11845.62 9890.40 119.77 78068.42 79212.25 70562.25 112.26
IOCL 65100.00 5482.85 5542.75 4705.63 117.79 37417.10 37275.92 31956.20 116.65
BPCL 25250.15 2211.67 2220.13 1781.95 124.59 14479.66 14797.71 13822.77 107.05
HPCL 16800.29 1493.00 1523.75 1523.80 100.00 9797.52 10040.96 9488.23 105.83
CPCL 10250.00 934.81 985.80 668.96 147.36 6453.63 6556.71 5549.14 118.16
NRL 2670.00 267.67 197.12 232.95 84.62 1500.67 1440.68 1399.28 102.96
MRPL 15450.00 1175.00 1368.89 972.14 140.81 8395.00 9051.32 8314.86 108.86
ONGC 44.59 4.05 7.18 4.98 144.29 24.85 48.95 31.78 154.04
JVs 15000.00 1321.02 1426.13 1544.65 92.33 8870.09 10200.69 10073.81 101.26
BORL 6000.00 525.00 610.13 612.91 99.55 3375.00 3883.41 3657.60 106.17
HMEL 9000.00 796.02 816.00 931.74 87.58 5495.09 6317.28 6416.21 98.46
Private 89852.65 7779.85 7757.53 6833.50 113.52 51685.48 53116.63 50233.10 105.74
RIL 69561.01 6069.86 5980.36 6069.86 98.53 39829.52 40829.87 39829.52 102.51
EOL 20291.64 1709.99 1777.17 763.64 232.72 11855.96 12286.76 10403.57 118.10
TOTAL 240417.68 20669.92 21029.27 18268.54 115.11 138623.99 142529.56 130869.16 108.91

            *: Provisional

 

 

 

 

Figure 3: Monthly Refinery Production

 

3.1    PSU Refineries’ production during October, 2016 was 11845.62 TMT which is 2.39% higher than the target for the month and 19.77% higher than the production achieved in the corresponding month of last year. Cumulative production during April-October, 2016 was 79212.25 TMT which is 1.47% higher than the target for the period and 12.26% higher than the production during corresponding period of last year. Reasons for shortfall of refinery production in some PSU refineries are as under:

v  IOCL, Paradip: Throughput lower due to coke upliftment issue.

v  IOCL, Digboi/ Guwahati: Lower availability of Assam crude.

v  HPCL, Visakh: Regulation of primary units caused due to unplanned shutdown of secondary units.

v  NRL, Numaligarh: Delay in startup after shutdown.

 

3.2    Production in JV refineries during October, 2016 was 1426.13 TMT which is 7.96% higher than the target for the month but 7.67% lower than the production achieved in the corresponding month of last year.Cumulative production during April-October, 2016 was 10200.69 TMT which is 15% higher than the target for the period and 1.26% higher than the production during corresponding period of last year.

3.3    Production in private refineries during October, 2016 was 7757.53 TMT which is 0.29% lower than the target for the month but 13.52% higher than the production achieved in the corresponding month of last year. Cumulative production during April-October, 2016 was 53116.63 TMT which is 2.77% higher than the target for the period and 5.74% higher than the production during corresponding period of last year.

3.4    Refinery-wise details of the capacity utilization and production of petroleum products during the month of October, 2016 and cumulatively for the period April-October, 2016 vis-à-vis April-October, 2015 are given at Annexures-IV and V respectively.

 

Click here to see Annexure-I

Click here to see Annexure-II

Click here to see Annexure-III

Click here to see Annexure-IV

Click here to see Annexure-V

 

 

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