Speed Post News Network
New Delhi : Crude oil production during October, 2018, was 2,885.20 TMT, 8.07% lower than target, and 5.03% lower compared to October, 2017. Cumulative crude oil production during April-October, 2018, was 20,294.59 TMT, 4.65% lower than target for the period, and 3.65% lower than production during corresponding period of last year.
Crude oil production by ONGC during October, 2018, was 1,765.43 TMT, 9.58% lower than the monthly target, and 6.56% lower compared to October, 2017. Cumulative crude oil production by ONGC during April-October, 2018, was 12,441.53TMT, s 5.54%lower than target for the period, and lower by 5.68% than production during corresponding period of last year.
Crude oil production by OIL during October, 2018, was 283.02 TMT, 12.19%lower than monthly target. and 1.35% lower compared to October, 2017. Cumulative crude oil production by OIL during April-October, 2018 was 1,968.70 TMT, 6.94% lower than target for the period, and 0.62% lower than production during the corresponding period of last year, according to a PIB release.