Crude oil production during August, 2016 was 3067.80 TMT which is 1.02% and 3.93% lower than target and production achieved in August 2015 respectively.
Cumulative crude oil production during April-August, 2016 was 15146.22 TMT which is 0.75% and 3.15% lower than target and production during corresponding period of last year respectively.
Unit-wise crude oil production for the month of August, 2016 and cumulatively for the period April-August, 2016 vis-à-vis same period of last year has been shown in Table-1 and month-wise in Figure-1.
Table-1: Crude Oil Production (in TMT)
| Oil Company | Target | August (Monthly) | |||
| 2016-17 (Apr-Mar) | 2016-17 | 2015-16 | % over last year | ||
| Target | Prod.* | Prod. | |||
| ONGC | 22766.00 | 1897.03 | 1865.31 | 1929.26 | 96.69 |
| OIL | 3480.00 | 276.32 | 272.08 | 276.02 | 98.57 |
| PSC Fields | 10839.32 | 926.13 | 930.42 | 987.86 | 94.19 |
| Total | 37085.32 | 3099.48 | 3067.80 | 3193.15 | 96.07 |
1. Crude oil production by ONGC during August, 2016 was 1865.31 TMT which is 1.67% lower than the monthly target and 3.31% less when compared with August, 2015.
Reasons for shortfall in production in some fields are as under:
Repair of sub-sea leakage in well fluid lines and less than planned production from Marginal fields
Repair of sub-sea leakage in 16″ HSC–HRG well fluid line
2. Crude oil production by OIL during August, 2016 was 272.08 TMT which is 1.54% lower than monthly target and 1.43% less than production in August 2015.
Reasons for shortfall in production are as under:
Less than planned contribution from old wells.
Rise in water cut in wells of Greater Hapjan, Greater Chandmari fields & Naharkatiya fields.
Loss in production of 2622 MT on account of strike by drivers during 15th to 18th Aug’16, bomb blasts at Tinsukia, Dibrugarh and Sibsagar districts on 14th & 15th Aug’16 and miscreant activities/local problems at various locations during the month.
3. Crude oil production by Pvt. /JVs during August 2016 was 930.42 TMT which is 0.46% higher than the monthly target but 5.81% less when compared with August, 2015.
Reasons for shortfall in production are as under:
Natural Decline in Ravva, CB-OS/2 and well fluid riser problems in Panna-Mukta
Closure of one well in MA and one well in D1D3 field in KG-DWN-98/3
Underperformance of Bhagyam field and natural decline of Mangala wells of RJ-ON-90/1