OREANDA-NEWS. July 22, 2015.

1.         Crude Oil Production

1.1       Indigenous crude oil production (including condensate) during June, 2015 was 3101.005 TMT which is 2.99% higher than the target for the month and 0.67% lower than the production during corresponding period of last year. Cumulative crude oil production during April-June, 2015 was 9305.507 TMT which is 2.66% higher than target for the period and 0.86% lower than the production during corresponding period of last year. Unit-wise and state-wise crude oil production is given at annexure-I.  Unit-wise crude oil production (including condensate) for the month of June, 2015 and cumulatively for the period April-June, 2015 vis-?-vis same period of last year has been shown in table-1.1 and month-wise in figure-1.1

Table 1.1: Crude Oil Production (TMT)

Oil Company

Target

June (Month)

April-June (Cumulative)

2015-16 (Apr-Mar)

2015-16

2014-15

2015-16

2014-15

Change (%)

Target

Prod.

%  achievement

Prod.

Target

Prod.

Prod.

ONGC

22732

1850

1854

100.21

1851

5552

5569

5504

1.17

OIL

3595

289

271

93.97

278

867

837

835

0.18

Pvt/JVs

10719

872

976

111.89

993

2646

2900

3046

-4.82

Total

37046

3011

3101

102.99

3122

9065

9306

9386

-0.86

 

Figures-1: Monthly Crude Oil Production

1.2       ONGC’s crude oil production during June, 2015 was 1853.838 TMT which is 0.21% higher than the target for the month and 0.16% higher than the production achieved in the corresponding month of last year. ONGC’s cumulative production during April-June, 2015 was 5568.918 TMT which is 0.31% higher than the cumulative target and 1.17% higher than the production during the corresponding period of last year. ONGC’s production achievements during June, 2015 are higher than target and production during corresponding month of last year due to better performance in off-shore field. However, there was a shortfall in production in onshore field due to following reason:

•           Production in Mehsana fields was affected due to increase in water cut, decline in air injection and power shut-down

•           Closure of gas lift wells caused by leakage in Hazira Motwan Gas Pipeline.

•           Production affected in Ankleshwar fields due to high water cut, aging of field and reservoir issue.

 

1.3       OIL’s crude oil production during June 2015 was 271.279 TMT which is 6.03% lower than the target for the month and 2.39% lower than the production achieved in the corresponding month of last year. OIL’s cumulative production during April-June, 2015 was 836.980 TMT which is 3.51% lower than the cumulative target and 0.18% higher than the production during the corresponding period of last year. Reasons for shortfall in production are given below:

•           Lossincurred  due  to  environmental  reasons  on  account  of  bandhs  & blockades.

•           Loss in well head potential due to rise in water cut and sand ingression problems in few wells of greater Hapjan field.

•           Less than expected increase in Wellhead potential from drilling operations.

 

1.4     Pvt. /JVs’ crude oil production during June, 2015 was 975.888 TMT which is 11.89% higher than the target for the month and 1.74% lower than production of corresponding month of last year. Pvt./JVs’ cumulative production during April-June, 2015 was 2899.609 TMT which is 9.60% higher than the cumulative target and 4.82% lower than the production during the corresponding period of last year. Reasons for shortfall in production are given below:

·       Underperformance of MA wells in KG-DWN-98/30 Field, Eastern offshore.

·       Increase in water cut in existing wells in CB-ON/3 field and production operation discontinued as wells are not commercially viable at present in CB-ONN-2002/3 in Gujarat.

·       New Wells lined up for production in RJ-ON/6 in Rajasthan.

 

 

2.         Natural Gas Production 

2.1       Natural Gas Production during June, 2015 was 2722.925 MMSCM which is 3.22% lower than the target for the month and 5.93% lower than the production during corresponding period of last year. Cumulative natural gas production during April-June, 2015 was 8244.567 MMSCM which is 1.91% lower than the 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 June, 2015 and cumulatively for the period April-June, 2015 vis-?-vis same period of last year has been shown in table-2.1 and month-wise in figure-2.1.

Table 2.1: Natural Gas Production (MMSCM)

Oil Company

Target

June (Month)

April-June (Cumulative)

2015-16 (Apr-Mar)

2015-16

2014-15

2015-16

2014-15

Change (%)

Target

Prod.

%  achievement

Prod.

Target

Prod.

Prod.

ONGC

23908

1888

1804

95.53

1909

5604

5483

5653

-3.01

OIL

3010

230

225

98.04

223

690

642

677

-5.20

PSC Fields

8362

696

694

99.75

763

2112

2120

2276

-6.86

Total

35280

2814

2723

96.78

2894

8406

8245

8606

-4.20

 

 

Figures-2.1: Monthly Natural Gas Production

 

2.2       ONGC’s natural gas production during June, 2015 was 1803.510 MMSCM which is 4.47% lower than the target for the month and 5.51% lower than the production achieved in the corresponding month of last year. ONGC’s cumulative natural gas production during April-June, 2015 was 5483.090 MMSCM which is 2.16% lower than the cumulative target and 3.01% lower than the production during the corresponding period of last year. Reasons for the shortfall are given below:

•           Less associated gas production and less offtake & lack of consumers in Assam regions.

•           Less offtake by consumers in Rajasthan and Tripura.

•         Production affected due to M/s GAIL’s consumer shutdown in Tamil Nadu. 

•           Closure of wells due to unplanned shut down of GAIL Gas line from Ahmedabad/Kalol to Ramol. Stoppage of gas off-take by GAIL from South Kadi to GAIL GIDC from 18th June onwards and yet to be revived in Gujarat.

 

2.3     OIL’s natural gas production during June, 2015 was 225.044 MMSCM which is 1.96% lower than the target for the month and 1.12% higher than the production achieved in the corresponding month of last year. OIL’s cumulative natural gas production during April-June, 2015 was 641.642 MMSCM which is 6.96% lower than the cumulative target and 5.20% lower than the production during the corresponding period of last year. Reasons for the shortfall are given below:

 

•           Less drawl by Brahmaputra Valley Fertilizer Corporation Limited (BVFCL) due to N II plant shut down because of malfunction of Captive Power Plant (CPP) generator since 19.06.2015. Plant started on 29.06.15 after maintenance. Unit N-III tripped on 24.06.2015 due to Force Draft (FD) fan bearing damage. Unit started on 27.06.2015.           

•         Less drawl by Namrup Thermal Power Station (NTPS) – Due to maintenance of Gas Turbine (GT) No. 3 & 4.

•         Less drawl by North East Electrical Power Corporation (NEEPCO) – Due to maintenance of Gas Compressor no. 1, Gas Turbine no. 4 and due to low system demand.

•         Less drawl by Brahmaputra Crackers and Polymer Limited (BCPL) than the committed quantity.           

 

2.4       Pvt. /JVs’ natural gas production during June, 2015 was 694.371 MMSCM which is 0.25% lower than the target for the month and 9.02% lower than the production achieved in the corresponding month of last year. Pvt. /JV’s cumulative natural gas production during April-June, 2015 was 2119.835 MMSCM which is 0.39% higher than the cumulative target and 6.86% lower than the production during the corresponding period of last year. Reasons for the shortfall are given below:

•           Underperformance of MA wells in KG-DWN-98/30 Field.

•           Wells producing on intermittent basis in CB-ON-2 fields.

•         New Wells lined up for production in RJ-ON/6, Rajasthan.

•           Incidental CBM gas being produced in small quantities & depends on consumers in Sohagpur East & West.

 

3.         Refinery Production (in terms of Crude oil processed):

3.1     Refinery production during June, 2015 was 19483.698 TMT which is 5.94% higher than the target for the month and 7.49% higher than the production during corresponding period of last year. Cumulative refinery production during April-June, 2015 was 56277.432 TMT which is 2.77% higher than the target for the period and 4.22% higher than the production during corresponding period of last year. Unit-wise refinery production is given at annexure-III.  Unit-wise refinery production for the month of June, 2015 and cumulatively for the period April-June, 2015 vis-?-vis same period of last year has been shown in table-3.1 and month-wise in figure-3.1.

Table 3.1: Refinery Production (in terms of crude oil processed)

Oil Company

Target

June (Month)

April-June (Cumulative)

2015-16 (Apr-Mar)

2015-16

 

2014-15

2015-16

2014-15

Change (%)

Target

Actual

%  achievement

Actual

Target

Actual

Actual

IOCL

55000

4638

4675

100.79

4007

13445

13568

12866

5.46

BPCL

23197

1866

1959

105.00

2000

5883

6082

5365

13.36

HPCL

16200

1179

1241

105.26

1187

3675

3758

3276

14.70

CPCL

10800

578

954

165.00

913

2388

2843

2819

0.86

NRL

2700

235

261

110.99

255

557

413

725

-42.99

MRPL

15250

1250

1463

117.06

1117

3850

3911

3241

20.65

ONGC

61

5

5

102.79

5

16

14

12

15.49

BORL

5200

500

601

120.22

561

930

1174

1489

-21.19

HMEL

9000

738

897

121.60

673

2238

2718

2382

14.12

RIL

68042

5703

5737

100.60

5703

16684

16625

16684

-0.35

EOL

18793

1698

1690

99.52

1707

5094

5172

5141

0.60

TOTAL

224242

18390

19484

105.94

18126

54759

56277

54000

4.22

 

Figure 3.1: Monthly Refinery Production (TMT)

3.2       PSU Refineries’ production during June, 2015 was 10558.629 TMT which is 8.27% higher than the target for the month and 11.36% higher than the production achieved in the corresponding month of last year. Cumulative refinery production of PSUs during April-June, 2015 was 30588.411 TMT which is 2.60% higher than the cumulative target and 8.07% higher than the production during the corresponding period of last year. Reasons for shortfalls in PSU refineries are given below:

•           IOCL, Barauni: Due to planned Shutdown in CRU for catalyst regeneration in Apr-May, 2015.

•           IOC, Gujarat: Due to planned M&I Shutdown of all major units in Apr-May, 2015.

•           IOC, Haldia: Throughput is restricted due to Naphtha containment.

•           IOC, Mathura: Due to Exchanger problem in DHDT (Diesel Hydro Deep Treatment Unit) in Apr-May, 2015.

•           IOC, Digboi: Throughput is restricted due to exchanger problem in HDT (Hydro Deep Treatment Unit) in June, 2015 and planned M&I shutdown of major units (CDU, CRU, DHT etc.) during Q-1/2015-16.

•           IOC, Panipat: Lower than MoU due to high stocks of Naphtha (PNC interruption) & black oil.

 

3.3       Production in JV refineries during June, 2015 was 1498.104 TMT which is 21.04% higher than the target for the month and 21.41% higher than the production achieved in the corresponding month of last year. Cumulative refinery production in JV refineries during April-June, 2015 was 3891.776 TMT which is 22.86% higher than the cumulative target and 0.53 % higher than the production during the corresponding period of last year.

3.4     Production in private refineries during June, 2015 was 7426.965 TMT which is 0.35% higher than the target for the month and 0.23% higher than the production achieved in the corresponding month of last year. Cumulative refinery production in private refineries during April-June, 2015 was 21797.245 TMT which is 0.09 % higher than the cumulative target and 0.13% lower than the production during the corresponding period of last year.

3.5       The refinery-wise details of the capacity utilization and Production of petroleum products during the month of June, 2015 and cumulatively for the period April-June, 2015 vis-?-vis April-June, and 2014 are given in Annexures-IV to V respectively.