Domestic Crude oil production dips 3.3% in Nov
BY PTI23 Dec 2015 6:57 AM IST
PTI23 Dec 2015 6:57 AM IST
India’s crude oil production dropped 3.3 per cent in November after output fell at fields operated by both public and private sectors. Crude oil production at 3.04 million tonnes (mt) in November was 3.3 per cent lower than 3.15 mt output in the same month a year ago, according to a data released by Ministry of Petroleum and Natural Gas on Tuesday. State-owned Oil and Natural Gas Corp (ONGC) reported a 1.3 per cent drop in output at 1.84 mt as production at its onshore fields fell. Oil India Ltd (OIL) output was also down 7.18 per cent at 264,878 tonnes while fields operated by private firms reported a near six per cent decline at 936,647 tonnes. Cairn, the ministry said, saw natural decline in its eastern offshore Ravva field as well as Mangala field in Rajasthan. Reliance Industries’ eastern offshore KG-D6 block also saw under performance of wells, it said. Natural gas output was also down nearly 4 per cent at 2.71 bcm, mostly because of drop in production at eastern offshore fields.
Next Story



