Monthly production of crude oil, natural gas miss the target for December 2021, however production of petroleum products was 3.27% higher than target for the month, according to the data released by Ministry of Petroleum & Natural Gas today.
Production of Crude Oil
Crude oil production during December 2021 was 2509.98 TMT, which is 5.19% lower than target for the month and 1.81% lower than the production of December 2020.
Cumulative crude oil production during April-December, 2021 was 22378.40 TMT, which is 4.47% and 2.63% lower than target for the period and production during corresponding period of last year respectively.
Crude oil production by Oil and Natural Gas Corporation (ONGC) in nomination block during December 2021 was 1652.90 TMT, which is 4.67% lower than target of the month and 2.8% lower when compared with production of December 2020.
Cumulative crude oil production by ONGC during April-December, 2021 was 14596.31 TMT, which is 4.36% and 4.03% lower than target for the period and production during corresponding period of last year respectively.
Crude oil production by Oil India in the nomination block during December 2021 was 254.36 TMT, which is 5.39% higher when compared with production of December 2020 but 8.73% lower than target of the month
Cumulative crude oil production by Oil India during April-December 2021 was 2243.85 TMT, which is 0.77% higher than the production during corresponding period of last year but 4.61% lower than target for the period.
Crude oil production by private or JV companies in the PSC/RSC regime during December 2021 was 602.72 TMT, which is 5.06% lower than the target of the reporting month and 1.88% lower than the month production of December 2020
Cumulative crude oil production by private or JV companies during April-December 2021 was 5538.24 TMT, which is 4.7% and 0.17% lower than target for the period and production during corresponding period of last year respectively.
Production of Natural Gas
Natural gas production during December 2021 was 2896.69 MMSCM, which is 19.45% higher than the production of December 2020 but 14.93% lower than the monthly target.
Cumulative natural gas production during April-December 2021 was 25673.90 MMSCM, which is 21.51% higher than production during corresponding period of last year but 8.75% lower when compared with target for the period.
Natural gas production by ONGC in the nomination blocks during December 2021 was 1757.10 MMSCM, which is 12.54% lower than target for the month and 5.42% lower than the production of December 2020.
Cumulative natural gas production by ONGC during April-December, 2021 was 15541.83 MMSCM, which is 11.13% and 6.06% lower than target for the period and production during corresponding period of last year respectively.
Natural gas production by OIL in the nomination block during December 2021 was 240.37 MMSCM which is 19.21% higher than target for the month and 4.32% lower than the production of December 2020.
Cumulative natural gas production by OIL during April-December 2021 was 2189.77 MMSCM, which is 17.11% higher than production during corresponding period of last year but 1.49% lower than target for the period.
Natural gas production by private or JV companies in the PSC/RSC/CBM regime during December 2021 was 899.22 MMSCM, which is 145.98% higher than the production of December 2020 but 21.46% lower than the target for the month.
Cumulative natural gas production by private or JV companies during April-December 2021 was 7942.31 MMSCM, which is 192.55% higher than production during corresponding period of last year but 5.73% lower than target for the period.
Crude Oil Processed (Crude Throughput)
Crude Oil Processed during December 2021 was 21482.88 TMT, which is 2.18% higher than December 2020 but 0.44% lower than the target for the month.
Cumulative crude throughput during April-December 2021 was 177215.39 TMT, which is 10.51% higher than the production of corresponding period of last year but 0.97% lower than target for the period.
Production of Petroleum Products
Production of Petroleum Products during December 2021 was 22754.72 TMT, which is 5.93% higher than production of December 2020 and 3.27% higher than target for the month.
Cumulative production during April-December, 2021 was 186008.63 TMT, which is 10.02% higher when compared with the production of corresponding period of last year but 0.28% lower than target for the period.