India’s crude oil production during April was 0.62 per cent lower than the production achieved during the corresponding month in 2016. The country’s production stood at 2.93 million tonne (MT).

Public sector explorer ONGC’s crude oil production for April was 2.51 per cent higher than in April 2016 at 1.8 MT. OIL’s production for the month stood at 0.2 MT, 4.5 per cent higher than in April 2016.

The slump in overall crude oil production was due to a lower production from fields awarded to private and joint ventures. This was at 0.81 MT, which is 8.44 per cent lower than the production from these fields in April 2016. An official statement said lower production was due to 70 wells being shut down for work-over in the Mangala fields, poor reservoir performance of Bhagyam, and a natural decline in Ravva & CB-OS/2 fields, among others.

Natural gas production during April 2017 was 2,532.73 MMSCM, up 1.80 per cent than in April 2016. ONGC’s natural gas production was 9.76 per cent higher, compared with the corresponding month last year. OIL’s gas production was 3.62 per cent lower. Gas production from fields awarded to private and joint ventures was 17.37 per cent lower. Refinery production during April stood at 20.01 MT, which 0.70 per cent lower than in April 2016. Production from Central public sector refineries was 11.15 MT, up 0.15 per cent. The production in joint venture refineries, namely HMEL and BORL, was 1.37 MT in April, which is 5.59 per cent lower. Production in private refineries, namely Reliance Industries and Essar Oil, was 7.4 MT. This is 1.03 per cent lower as compared to production during April 2016.

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