Millennium Post

India's crude oil output dips 0.6% in April

India's crude oil production fell 0.6 per cent to 2.93 million tonnes in April after Cairn India shut some 70-odd wells at its biggest oilfield in prolific Rajasthan block.

Crude oil production stood at 2.95 million tonnes in the same month last year, according to a statement by Petroleum Ministry on Tuesday.

State-owned Oil and Natural Gas Corp (ONGC) output was up 2.5 per cent to 1.84 million tonnes but lower production by private sector firms dragged down the overall production. Private/ joint venture fields produced 8.44 per cent less crude oil at 818,450 tonnes mainly because 70 wells on Mangala field of Cairn were shutdown for workover. Natural gas production was 1.8 per cent higher at 2,532.73 million standard cubic meters.
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