Speed Post News Network
New Delhi : Crude oil production during July 2021 was 2,548.78 TMT, which is 3.78% lower than target for the month and 3.22% lower when compared with production of July 2020.
Cumulative crude oil production during April-July, 2021 was 9,961.65 TMT, which is 2.64% and 3.37% lower than target for the period and production during corresponding period of last year respectively.
Natural gas production during July 2021 was 2,891.96 MMSCM, which is 18.36% higher when compared with production of July 2020 but 10.19% lower than the monthly target. Cumulative natural gas production during April-July, 2021 was 110,60.07 MMSCM, which is 19.85% higher than production during corresponding period of last year but 5.37% lower when compared with target for the period, according to a PIB release.
Crude oil production by ONGC (Oil and Natural Gas Corporation) in nomination block during July 2021 was 1,664.94 TMT, which is 3.81% lower than target of the month and 4.23% lower when compared with production of July 2020. Cumulative crude oil production by ONGC during April-July, 2021 was 6,477.08 TMT, which is 3.12% and 4.85% lower than target for the period and production during corresponding period of last year respectively.
Reasons for shortfall in production are as under:
- Less than anticipated production from WO-16 cluster due to delay in mobilisation of MOPU Sagar Samrat.
- Less than anticipated production from Cluster-8 fields due to delay in inputs as installation of wellhead platforms delayed due to Covid impact.
- Crude oil production by OIL (Oil India Ltd) in the nomination block during July 2021 was 253.30 TMT, which is 1.08% higher than the production of corresponding month of last year but 2.57% lower than target of the reporting month. Cumulative crude oil production by OIL during April-July, 2021 was 995.64 TMT, which is 1.54% and 0.14% lower than target for the period and production during corresponding period of last year respectively. Reasons for shortfall in production are :
- Less than planned contribution from workover wells, drilling wells and old wells.
- Bandhs /blockade by local people and associations after the Baghjan Blowout.