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Crude oil production during September was 0.09 per cent higher, compared with the same month last year. According to an official statement, crude oil production during the month under consideration stood at 2.92 million tonnes (mt).
Natural gas production during September too was higher at 2723.24 million standard cubic metre (MMSCM). This was 4.74 per cent higher when compared with September 2016.
ONGC’s crude production during the month under consideration was 1.84 mt. This was 2.25 per cent higher than production during the corresponding period of last year. An official statement said there was a natural decline and increase in water cut from matured fields of the Western Offshore.
Crude oil production by private and joint venture operations during September was 0.79 mt. This 6.20 per cent lower than production during September 2016.
Natural gas production by ONGC during September was 1937.62 MMSCM, 5.20 per cent higher compared with September 2016. Gas production by OIL during the month was 246.05 MMSCM, 1.05 per cent higher than September 2016.
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