OREANDA-NEWS. Crude oil production during August, 2016 was 3067.80 TMT which is 1.02% and 3.93% lower than target and production achieved in August 2015 respectively. Cumulative crude oil production during April-August, 2016 was 15146.22 TMT which is 0.75% and 3.15% 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 August, 2016 and cumulatively for the period April-August, 2016 vis-?-vis same period of last year has been shown in Table-1 and month-wise in Figure-1.

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

1.1  Crude oil production by ONGC during August, 2016 was 1865.31 TMT which is 1.67% lower than the monthly target and 3.31% less when compared with August, 2015. Cumulative crude oil production during April-August, 2016 was 9225.22 TMT which is 1.23% lower than target for the period and 1.70% lower than the production during corresponding period of last year.  Reasons for shortfall in production in some fields are as under:

  • Repair of sub-sea leakage in well fluid lines and less than planned production from Marginal fields
  • Repair of sub-sea leakage in 16" HSC–HRG well fluid line

1.2     Crude oil production by OIL during August, 2016 was 272.08 TMT which is 1.54% lower than monthly target and 1.43% less than production in August 2015. Cumulative crude oil production during April-August, 2016 was 1342.94 TMT which is 0.17% lower than target for the period and 3.26% lower than the production during corresponding period of last year. Reasons for shortfall in production are as under:

  • Less than planned contribution from old wells.
  • Rise in water cut in wells of Greater Hapjan, Greater Chandmari fields & Naharkatiya fields.
  • Loss in production of 2622 MT on account of strike by drivers during 15th to 18th Aug’16, bomb blasts at Tinsukia, Dibrugarh and Sibsagar districts on 14th & 15th Aug’16 and miscreant activities/local problems at various locations during the month.

1.3    Crude oil production by Pvt. /JVs during August 2016 was 930.42 TMT which is 0.46% higher than the monthly target but 5.81% less when compared with August, 2015. Cumulative crude oil production during April-August, 2016 was 4578.05 TMT which is marginally higher (0.04%) than target for the period and 5.91% lower than the production during corresponding period of last year. Reasons for shortfall in production are as under:

  • Natural Decline in Ravva, CB-OS/2 and well fluid riser problems in Panna-Mukta
  • Closure of one well in MA and one well in D1D3 field in KG-DWN-98/3
  • Underperformance of Bhagyam field and natural decline of Mangala wells of RJ-ON-90/1

 

Natural gas production during August, 2016 was 2674.15 MMSCM which is 4.90% lower than the target for the month and 5.72% lower than the production in August, 2015. Cumulative natural gas production during April-August, 2016 was 13123.44 MMSCM which is 3.27% lower than target for the period and 4.20% 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 August, 2016 and cumulatively for the period April-August, 2016 vis-?-vis same period of last year has been shown in Table-2 and month-wise in Figure-2.

2.1      Natural gas production by ONGC during August, 2016 was 1845.51 MMSCM which is 1.70% lower than the monthly target and 0.56% lower when compared with August, 2015. Cumulative natural gas production during April-August, 2016 was 8841.63 MMSCM which is 1.37% lower than the cumulative target and 2.0% lower than the production during the corresponding period of last year. Reasons for shortfall in production are as under:
  • Natural decline from Bassein field and restricted withdrawal of gas by GAIL in EOA

2.2           Natural gas production by OIL during August, 2016 was 244.05 MMSCM which is 5.05% lower than the monthly target but 0.57% higher than August 2015. Cumulative natural gas production during April-August, 2016 was 1230.88 MMSCM which is 2.76% lower than the cumulative target but 10.21% higher than the production during the corresponding period of last year. Reasons for shortfall in production are as under:

  • Loss in gas production potential on account of water loading of high potential wells, unexpected subsurface problems

2.3      Natural gas production by Pvt. /JVs during August 2016 was 584.59 MMSCM which is 13.70% lower than the monthly target and 20.77% less when compared with August, 2015. Cumulative natural gas production during April-August, 2016 was 3050.93 MMSCM which is 8.59% lower than the cumulative target and 14.29% lower than the production during the corresponding period of last year. Reasons for shortfall in production are as under:

  • Underperformance of KG-OSN-2001/3
  • Increase in water cut in few wells in RJ-ON/6
  • Underperformance of Raniganj East, Sohagpur West & Raniganj South CBM blocks
  • Closure of one well each in MA and D1D3 in KG-DWN-98/3
  • Increase in water cut in few wells in RJ-ON/6

 

 Refinery production during August, 2016 was 20290.26 TMT which is 2.32% higher than the target for the month and 3.46% higher than the production during corresponding period of last year. Cumulative production during April-August, 2016 was 101784.38 TMT which is 3.35% higher than the target for the period and 7.64% higher than the production during corresponding period of last year. Unit-wise production is given at Annexure-III. Unit-wise production for the month of August, 2016 and cumulatively for the period April-August, 2016 vis-?-vis same period of last year has been shown in Table-3 and month-wise in Figure-3.

3.1         PSU Refineries’ production during August, 2016 was 10985.15 TMT which is 0.84% higher than the target for the month and 6.69% higher than the production achieved in the corresponding month of last year.Cumulative production during April-August, 2016 was 56599.40 TMT which is 1.75% higher than the target for the period and 11.11% higher than the production during corresponding period of last year. Reasons for shortfall of refinery production in some PSU refineries are as under:
  • IOCL, Guwahati & Digboi: Lower crude availability.
  • IOCL, Panipat: Throughput is restricted due to advancement of planned shut-down of Diesel Hydro Treatment unit.
  • IOCL, Paradip: Throughput is lower due to delay in commissioning of South oil jetty and Continuous Catalytic Reforming Unit under shut-down for maintenance.

3.2         Production in JV refineries during August, 2016 was 1521.60 TMT which is 22.12% higher than the target for the month but 2.31% lower than the production achieved in the corresponding month of last year. Cumulative production during April-August, 2016 was 7358.10 TMT which is 13.57% higher than the target for the period and 5.08% higher than the production during corresponding period of last year.

3.3       Production in private refineries during August, 2016 was 7783.51 TMT which is 1.22% higher than the target for the month and 0.33% higher than the production achieved in the corresponding month of last year. Cumulative production during April-August, 2016 was 37826.88 TMT which is 3.96% higher than the target for the period and 3.31% higher than the production during corresponding period of last year.