Monthly Production Report for February,2021

1. Production of Crude Oil

Crude oil production[1] during February,2021 was2322.32 TMT which is6.89% lower than target and3.22% lower when compared with February, 2020.Cumulative crude oil production during April-February, 2020-21 was 27878.81 TMT which is 5.65% and 5.41% lower than target for the period and production during corresponding period of last yearrespectively. Unit-wise and State-wise crude oil production is given at Annexure-I. Unit-wise crude oil production for the month of February, 2021 and cumulatively for the period April-February, 2020-21 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)

Note: Totals may not tally due to rounding off. *: Provisional

Figure-1: Monthly Crude Oil Production

Unit-wise production details with reasons for shortfall are as under:

1. 1. Crude oil production by ONGC(Oil and Natural Gas Corporation) in nomination block during February, 2021 was 1544.84TMT which is 2.22%lower than target and7.66%lower when compared with February 2020. Cumulative crude oil production by ONGC during April-February, 2020-21 was 18469.67 TMT which is 3.62%and 2.01% lower than target for the period andproduction during corresponding period of last year respectively. Reasons for shortfall in production are as under:

• Production planned from WO-16 cluster could not be realized due to delay in MOPU (Sagar Samrat) as activities at GPC yard Abu Dhabi got affected due to COVID-19 restrictions / lockdown.
• Production planned from new wells in Ratna field affected due to non- availability of ESPs (Electrical submersible pump) due to implications of COVID-19. Presently rigs are deployed at two well platforms and wells are being completed with ESPs.
• New wells planned under Cluster-8 development project delayed due to delay in installation of new platforms due to COVID implications.

1. 2. Crude oil production by OIL(Oil India Ltd) in the nominationblock during February, 2021 was218.49 TMT which is 10.81% % lower than target and 9.06% lower when compared with February 2020. Cumulative crude oil production by OIL during April-February, 2020-21 was 2687.75 TMT which is 5.64% and 5.78% lower than target for the period and production during corresponding period of last year respectively. Reasons for shortfall in production are as under:

• Less than planned contribution from workover wells, drilling wells and old wells.
• Bandhs /blockade by local people and associations after the Baghjan Blowout.

1. 3. Crude oil production by Pvt/JVscompanies in the PSC (Production Sharing Contract) regime during February, 2021 was 559.00 TMT which ishigher 14.94% when compared to the February,2020 but 16.48% lower than the monthly target.Cumulative crude oil production by Pvt/JVs companies during April-February, 2021 was 6721.39 TMT which is 10.82% and 13.51% lower than target for the period and production during corresponding period of last year respectively.Reasons for shortfall in production are as under:

• RJ-ON-90/1 (Cairn Energy India Ltd): Delayed start up full field polymer injection in Bhagyam and Aishwarya field. Delay in hook-up of Stage-2 wells and NA-1 processing facility commissioning in advance stage in ABH. Flow cease in few wells of Satellite fields. Project schedule of well and surface facility of Tukaram, Kaam-1 and GSV condensate is impacted by COVID-19.
• RAVVA (Cairn Energy India Ltd): Decline in production from producer wells
• B-80 (Hindustan Oil Exploration Company Ltd): Production from B80 field not commenced due to delay in completion of field development activities because of COVID
• PY-3 (HARDY): Production could not be commenced in PY-3 field.

2. Production of Natural Gas

Natural gas production during February,2021 was 2307.12MMSCM which is 19.31% lower than the monthly target and 1.43% lower when compared with February, 2020. Cumulative natural gas production during April-February, 2020-21 was 25986.70MMSCM which is 14.54% and 9.67% lower than target for the period and production during corresponding period of last year respectively. Unit-wise and state-wise natural gas production is given at Annexure-II. Unit-wise natural gas production for the month of February, 2021 and cumulatively for the period April-February, 2020-21 vis-à-vis same period of last year has been shown in Table-2 and month-wise in Figure-2.

Table-2: Natural Gas Production (inMMSCM)

Note:  Totals may not tally due to rounding off. *: Provisional

Figure-2: Monthly Natural Gas Production

1. 1. Natural gas production by ONGC in the nominationblocks during February, 2021 was 1630.20MMSCM which is 11.99% lower than target and 12.82% lower when compared with February 2020. Cumulative natural gas production by ONGC duringApril-February, 2020-21 was 20040.20 MMSCM which is 8.63% and 8.24% lower than target for the period and production during corresponding period of last year respectively.Reasons for shortfall in production are as under:

• Less Gas production from WO16 cluster due to delay in MOPU.
• Less than planned production from Vasistha / S1 wells in Eastern Offshore Assets (EOA) due certain reservoir related issues.
• Less gas intake by Uran Plant for maintenance jobs and less Offtake by consumers.

1. 2. Natural gas production by OILin the nomination block during February, 2021 was 187.88 MMSCM which is 21.11% lower than monthly target and 6.43% lower than the February, 2020. Cumulative natural gas production by OIL during April-February, 2020-21 was 2269.64 MMSCM which is 9.22% and 7.61% lower than target for the period and production during corresponding period of last year respectively. Reasons for shortfall in production are as under:

• Low upliftment/demand of gas by the major customers.
• Bandhs /blockade by local people and associations after the Baghjan Blowout.

1. 3. Natural gas production by Pvt/JVs companiesin the PSC (production sharing contracts) regime during February,2021 was 489.04MMSCM which is 81.29% higher than the February, 2020 but 36.39% lowerthan monthly target. Cumulative natural gas production by Pvt/JVs during April-February, 2020-21 was 3676.86MMSCM which is 38.48% and 17.77% lower than target for the period and production during corresponding period of last year respectively. Reasons for shortfall in production are as under:

• RJ-ON/6 (Focus Energy Limited): Reduced Gas offtake by buyer.
• KG-DWN-98/2 (Oil & Natural Gas Corpn.): U3-B well is flowing less than the expected profile and delay in commissioning of Wells of U1-field.
• KG-OSN-2001/3 (Oil & Natural Gas Corpn.): Well D-7 is under completion and Testing.
• Raniganj East (Essar Oil and Gas Exploration & Production Ltd): Production is lower due to less sales off-take.
• RJ-ON/6 (Focus Energy Limited): Production is lower due to less sales off-take.

3. Crude Oil Processed (Crude Throughput)

Crude Oil Processed during February, 2021 was 18617.41 TMT which is 7.60% lower than the target for the monthand 11.84% lower than February, 2020.Cumulative crude throughput during April-February, 2020-21 was200787.90 TMT which is 12.72% and 13.89% lower than target for the period and crude throughput during corresponding period of last year respectively. Refinery-wise details of the crude throughput and capacity utilization during the month of February, 2021 vis-à-vis February, 2020 are given at Annexure-III and Annexure-IV. Company-wise crude throughput for the month of February, 2021 and cumulatively for the period April-February, 2020-21vis-à-vis same period of last year has been shown in Table-3 and month-wise in Figure-3.

Table 3: Crude Oil Processed (Crude Throughput) (in TMT)

Note:  Totals may not tally due to rounding off. *: Provisional

Figure 3: Crude Oil Processed (Crude Throughput)

3.1 CPSE Refineries’ crude oil processed during February, 2021 was 11729.41TMT which is 1.41% higher than the target for the month but 3.61% lower when compared with February, 2020.Cumulative crude throughputby CPSE refineries during April-February, 2020-21 was 114662.11TMT which is 14.71% and 13.43% lower than target for the period and crude throughputduring corresponding period of last year respectively.Reasons for shortfall in production are as under:

• IOCL-Digboi: Crude processed lower due maintenance and installation shutdown.
• IOCL-Barauni: Crude processed lower due to lower product upliftment.
• IOCL-Bongaigaon: Crude processed lower due to as per crude availability.
• HPCL-Mumbai: Crude processed lower due to planned shutdown of secondary units.
• HPCL-Visakh: Crude processed lower due to unplanned shutdown of primary and secondary units.

3.2       JV refineries’ crude oil processed during February, 2021 was 614.84TMT which is 53.17% lower than the target for the month and 63.41% lower when compared with February, 2020. Cumulative crude throughput during April-February, 2020-21 was14634.45TMT which is 9.67% higher than target for the period but20.71% lower when compare with the corresponding period of last year respectively.Reasons for shortfall in production are as under:

• BORL-Bina: Crude processed lower due to lower demand of petroleum products amid ongoing COVID-19 pandemic.
• HMEL-Bhatinda: Crude processed lower dueto refinery planned shutdown during the month.

3.3       Private refineries’ crude oil processed during February, 2021 was 6273.16TMT which is 13.70% lower than the corresponding month of last year. Cumulative crude throughputduring April-February, 2020-21 was 71491.35 TMT which is 13.10% lower than thecorresponding period of last year.

4. Production of Petroleum Products

Production of Petroleum Products during February, 2021 was 19439.03 TMT which is 5.86% lower than the target for the month and 10.92% lower when compared with February, 2020. Cumulative production during April-February, 2020-21 was 210683.03 TMT which is 10.83% and 12.23% lower than target for the period and production during corresponding period of last year respectively. Unit-wise production of petroleum products is given at Annexure-V. Company-wise production for the month of February, 2021 and cumulatively for the period April-February, 2020-21 vis-à-Vis same period of last year has been shown in Table-4 and month-wise in Figure-4.

Figure 4: Monthly Refinery Production of Petroleum Products

Table 4: Production of Petroleum Products (TMT)

Note:  Totals may not tally due to rounding off. *: Provisional

1. 1. Production of petroleum Products by Oil’s Refineries during February, 2021 was 19135.38 TMT which is 5.97% lower than the target for the month and 10.74% lower when compared with February, 2020. Cumulative production of petroleum products by refineries during April-February, 2020-21 was 206828.44 TMT which is 10.88% and 12.24% lower than target for the period and production during corresponding period of last year respectively.

1. 2. Production of petroleum Products by Fractionators during February, 2021 was 303.64 TMT which is 1.77% higher than the target for the month but 20.96% lower when compared with February, 2020. Cumulative production by Fractionators during April-February, 2020-21 was 3854.59 TMT which is 8.09% and 11.79% lower than target for the period and production during corresponding period of last year respectively.

Click here to see Annexure I

Click here to see Annexure II

Click here to see Annexure III

Click here to see Annexure IV

Click here to see Annexure V

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YB/SK