Oil & Gas

Crude oil production report for May 2019

Crude oil production during May, 2019 was 2800.12 TMT which is 3.37% lower than target and 6.91% lower when compared with May 2018. Cumulative crude oil production during April-May, 2019 was 5518.61 TMT which is 1.92% lower than target for the period and 6.82% lower than production during corresponding period of last year. Unit-wise and State-wise crude oil production is given at Annexure-I. Unit-wise crude oil production for the month of May, 2019 and cumulatively for the period April-May, 2019 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)

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:

1.            Crude oil production by ONGC during May, 2019 was 1759.58 TMT which is marginally lower by 0.25% than the monthly target and 4.42% lower when compared with May, 2018. Cumulative crude oil production by ONGC during April-May, 2019 was 3450.35 TMT which is 0.17% lower than target for the period and lower by 4.64% than production during corresponding period of last year. Major reasons for lower production is less off take by consumers in Tripura, Cauvery & Rajahmundry.

2.            Crude oil production by OIL during May, 2019 was 273.95 TMT which is 3.84% lower than monthly target and 3.88% lower when compared with May, 2018. Cumulative crude oil production by OIL during April-May, 2019 was 539.16 TMT which is 3.94% lower than target for the period and 3.61% lower than production during the corresponding period of last year. Major reasons for lower production is less than planned contribution from work over wells and drilling wells.

3.            Crude oil production by Pvt/JVs during May, 2019 was 766.59 TMT which is 9.70% lower than the monthly target and 13.08% lower than May, 2018. Cumulative crude oil production by Pvt/JVs during April-May, 2019 was 1529.10 TMT which is 4.96% lower than target for the period and 12.38% lower than the production during the corresponding period of last year. Reasons for shortfall in production are as under:

  • RJ-ON-90/1 (CEIL): Deficit is from Mangla due to delay in 45 FM infills.
  • Lower work over (WO) and production enhancement activities due to one work over rig being taken offline for mandatory maintenance and HSE compliance.
  • Operational issues in Bhagyam, Aishwarya, ABH and RDG fields.
  • CB-ONN-2005/9 (Mercator): Stoppage in from Jyoti-1 is stopped. Well closed for long term pressure build up study and could not be put back in production due to non-grant of EC for development campaign.
  • The other discovery well, Jyoti-2 is not yet activated and is under WO from 31.03.19. The delay in drilling the new development well is primarily due to non-grant of EC for development campaign till date.

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