OREANDA-NEWS. September 23, 2015.‘

1.         Crude Oil Production

1.1       Indigenous crude oil production (including condensate) during August, 2015 was 3193.067 TMT which is 1.44% higher than the target for the month and 5.57% higher than the production during corresponding period of last year. Cumulative crude oil production during April-August, 2015 was 15638.316 TMT which is 1.72% higher than target for the period and 0.52% higher 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 August, 2015 and cumulatively for the period April-August, 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

August (Month)

April-August (Cumulative)

2015-16 (Apr-Mar)

2015-16

2014-15

2015-16

2014-15

Change (%)

Target

Prod.

%  achievement

Prod.

Target

Prod.

Prod.

ONGC

22732

1934

1929

99.74

1860

9430

9385

9253

1.42

OIL

3595

302

276

91.25

298

1470

1388

1429

-2.84

PSC Fields

10719

911

988

108.42

867

4468

4866

4875

-0.20

Total

37046

3148

3193

101.44

3024

15368

15638

15557

0.52

 

 

 

 

 

 

 

 

 

 

Figures-1: Monthly Crude Oil Production

 

1.2       ONGC’s crude oil production during August, 2015 was 1929.231 TMT which is 0.26% lower than the target for the month and 3.74% higher than the production achieved in the corresponding month of last year. ONGC’s cumulative production during April-August, 2015 was 9384.609 TMT which is 0.48% lower than the cumulative target and 1.42% higher than the production during the corresponding period of last year. The shortfall in ONGC’s production was due to following reason:

?  Ahmedabad & Mehsana, Gujarat: After effects of cyclonic storm in July’15; unplanned power shutdown; closure of Kalol-Ramol GAIL line leakage; increase in number of flowing wells fallen sick in Santhal field; increase in water cut in Lanwa field.

?Assam: Power shut down, low gas injection pressure.

 

1.3       OIL’s crude oil production during August 2015 was 276.024 TMT which is 8.75% lower than the target for the month and 7.47% lower than the production achieved in the corresponding month of last year. OIL’s cumulative production during April-August, 2015 was 1388.147 TMT which is 5.56% lower than the cumulative target and 2.84% lower than the production during the corresponding period of last year. Reasons for shortfall in production are given below:

?The net realization from old wells is 97 % of planned target. The gap is mainly due to  bandhs, blockades and flood because of continuous rainfall.

?Retrieval of wellhead potential by workover effort has exhibited a diminishing trend because of ageing of the major oilfields.

?Potential build-up by drilling effort falls short of expectation because of limited structural traps which can be exploited, and plateauing of majority of the established oilfields.

 

1.4     Pvt. /JVs’ crude oil production during August, 2015 was 987.812 TMT which is 8.42% higher than the target for the month and 13.99% higher than production of corresponding month of last year. Pvt./JVs’ cumulative production during April-August, 2015 was 4865.560 TMT which is 8.90% higher than the cumulative target and 0.20% lower than the production during the corresponding period of last year. Reasons for shortfall in production are given below:

?  Repeated sand ingress in existing producers of Kharsang field in Arunachal Pradesh.

?  PCP stopped due to stuck up of polished rod in Allora field. Well SD No. 1 is kept closed. ND No. 1A is under production in Dholasan Field.

?  Lack of adequate EPS facility to handle increasing water in existing wells in CB-ONN-2000/1, Gujarat.

 

 

 

 

2.         Natural Gas Production 

2.1       Natural Gas Production during August, 2015 was 2836.486 MMSCM which is 7.15% lower than the target for the month and 3.66% higher than the production during corresponding period of last year. Cumulative natural gas production during April-August, 2015 was 13698.912 MMSCM which is 5.37% lower than the target for the period and 2.73% 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, 2015 and cumulatively for the period April-August, 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

August (Month)

April-August (Cumulative)

2015-16 (Apr-Mar)

2015-16

2014-15

2015-16

2014-15

Change (%)

Target

Prod.

%  achievement

Prod.

Target

Prod.

Prod.

ONGC

23908

2064

1856

89.90

1763

9703

9023

9202

-1.94

OIL

3010

269

243

90.33

234

1217

1117

1153

-3.12

PSC Fields

8362

722

738

102.22

739

3555

3559

3729

-4.54

Total

35280

3055

2836

92.85

2736

14476

13699

14083

-2.73

 

 

Figures-2.1: Monthly Natural Gas Production

2.2       ONGC’s natural gas production during August, 2015 was 1855.946 MMSCM which is 10.10% lower than the target for the month and 5.27% higher than the production achieved in the corresponding month of last year. ONGC’s cumulative natural gas production during April-August, 2015 was 9022.625 MMSCM which is 7.02% lower than the cumulative target and 1.94% lower than the production during the corresponding period of last year. Reasons for the shortfall are given below:

? Bassein & Satelite: Shutdown taken for re-routing of 42” SBHT (South Bassein Heera Trunk line).

? EOA: Delay in commencement of production from one deep water well planned in Eastern offshore and restricted withdrawal by GAIL in view of pipeline safety issues.

? Ahmedabad: Closure of wells due to unplanned shut down of GAIL Gas line from Ahmedabad/Kalol to Ramol. Decline in associated gas production in South Kadi, Limbodara & Gamij fields.

? Assam: Less associated gas production, less off-take by GAIL/ APGCL.

? Tripura: Less off take by OTPC due to operational issues of OTPC.

? Rajahmundry: Tatipaka-Lanco pipeline incident, GAIL Pipeline still under repair (closure of39 Gas wells).

? Cauvery: Less gas production due to less demand by GAIL

 

2.3     OIL’s natural gas production during August, 2015 was 242.658 MMSCM which is 9.67% lower than the target for the month and 3.67% higher than the production achieved in the corresponding month of last year. OIL’s cumulative natural gas production during April-August, 2015 was 1116.885 MMSCM which is 8.22% lower than the cumulative target and 3.12% lower than the production during the corresponding period of last year. Reasons for the shortfall are given below:

? Production affected due to less gas withdrawal by the potential customers like BVFCL, NTPS, LTPS, BCPL and RRVUNL.

 

2.4       Pvt. /JVs’ natural gas production during August, 2015 was 737.882 MMSCM which is 2.22% higher than the target for the month and 0.2% lower than the production achieved in the corresponding month of last year. Pvt. /JV’s cumulative natural gas production during April-August, 2015 was 3559.402 MMSCM which is 0.11% higher than the cumulative target and 4.54% lower than the production during the corresponding period of last year. Reasons for the shortfall are given below:

v  RIL (KG-D6): Underperformance of MA wells.

v  JV of BG, RIL & ONGC (M&S Tapti): Under performance of recently drilled 6 wells. Operator proposed for field abandonment.

v  GSPC(KG-OSN-2001/3): Less than expected trial gas production from 3 wells.

v  Prolonged dewatering in new wells in Raniganj South and Forest Clearance received late in Raniganj East

v  Incidental CBM gas being produced and sold in Jharia, Jharkhand.

v  Zero production since 9 June 2015 in Sohagpur East, M.P. and Incidental CBM gas being produced in small quantities in Sohagpur West, M.P.

 

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

3.1     Refinery production during August, 2015 was 19611.742 TMT which is 6.04% higher than the target for the month and 5.79% higher than the production during corresponding period of last year. Cumulative refinery production during April-August, 2015 was 94557.633 TMT which is 2.86% higher than the target for the period and 4.28% 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 August, 2015 and cumulatively for the period April-August, 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 (TMT)

Oil Company

Target

August (Month)

April-August (Cumulative)

2015-16 (Apr-Mar)

2015-16 

2014-15

2015-16

2014-15

Change (%)

Target

Actual

%  achievement

Actual

Target

Actual

Actual

IOCL

55000

4134

4558

110.27

4572

22186

22876

22102

3.50

BPCL

23197

1986

2033

102.37

2085

9816

10142

9466

7.15

HPCL

16200

1438

1551

107.89

1480

6366

6465

6263

3.23

CPCL

10800

948

549

57.90

873

4285

4149

4511

-8.03

NRL

2700

242

253

104.52

251

1041

919

1223

-24.91

MRPL

15250

1150

1349

117.31

1191

6150

6367

5545

14.81

ONGC

61

5

3

47.84

5

27

22

22

-1.67

BORL

5200

500

620

124.04

523

1930

2425

2279

6.41

HMEL

9000

762

937

122.97

0

3762

4578

2436

87.94

RIL

68042

5858

5999

102.41

5858

28334

27930

28334

-1.42

EOL

18793

1471

1759

119.54

1701

8036

8686

8500

2.19

TOTAL

224242

18495

19612

106.04

18538

91933

94558

90681

4.28

 

Figure 3.1: Monthly Refinery Production (TMT)

3.2       PSU Refineries’ production during August, 2015 was 10296.550 TMT which is 3.97% higher than the target for the month and 1.53% lower than the production achieved in the corresponding month of last year. Cumulative refinery production of PSUs during April-August, 2015 was 50938.708 TMT which is 2.14% higher than the cumulative target and 3.68% higher than the production during the corresponding period of last year. Reasons for shortfalls in PSU refineries are given below:

? IOCL, Guwahati: Throughput is restricted in line with crude availability.

? IOCL, Digboi: Throughput is restricted in line with crude availability.

? BPCL, Mumbai: Crude throughput during Aug’15 lower than Aug'14 due to shutdown of CCU & CCR units for maintenance activities and gain in intermediate feed stocks as compare to depletion in Aug'14.

? CPCL, Manali: Shortfall in production during Aug’15 due to planned shutdown of Refinery-3 in July-Aug'15.

? ONGC, Tatipaka: Shortfall in production due to Naphtha / LSHS up-liftment problems because of low demand

 

3.3       Production in JV refineries during August, 2015 was 1557.552 TMT which is 23.39% higher than the target for the month and 198.07% higher than the production achieved in the corresponding month of last year. Cumulative refinery production in JV refineries during April-August, 2015 was 7002.523 TMT which is 23.02% higher than the cumulative target and 48.53% higher than the production during the corresponding period of last year.

3.4     Production in private refineries during August, 2015 was 7757.641 TMT which is 5.85% higher than the target for the month and 2.63% higher than the production achieved in the corresponding month of last year. Cumulative refinery production in private refineries during April-August, 2015 was 36616.403 TMT which is 0.68% higher than the cumulative target and 0.59% lower than the production during the corresponding period of last year.

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