New Delhi- India’s natural gas production growth in July this year remained flat at 2,718 Million Standard Cubic Meter (MSCM) mainly due to lower output from the onshore fields of Oil and Natural Gas Corporation (ONGC), fresh data published by the oil ministry showed.
Gas production in the first four months (April-July) of the current financial year declined marginally to 10,749 MMSCM from 10,782 MMSCM produced in the corresponding period a year ago.
The decline is attributed to fall in production from onshore fields of ONGC, decline in Coal Bed Methane (CBM) production and offshore fields operated by private companies or Joint Ventures (JVs).
Production by Oil and Natural Gas Corporation (ONGC), the country’s largest producer of oil and gas, in July declined to 2,023 MMSCM from 2,045 MMSCM produced in the same month last year.
The decline was due to less production from Bassein and Satellite Asset, less off-take by consumers and shutdowns apart from marketing issues in Cauvery, Rajahmundry, Tripura, Jodhpur and Silchar, the oil ministry said.
Cumulatively, the company’s gas production in the April-July 2019 period rose 2.51 per cent to 8,151 MMSCM.
Production by Oil India, the country’s second state-owned oil and gas produce, in July 2019 increased 2 per cent to 236 MMSCM.
Overall, in the first four months of the current fiscal, the company’s gas production increased 2 per cent to 916 MMSCM. The decline is attributed to loss of potential in Deohal area due to presence of Carbon dioxide in the production stream, bandh and miscreant activities and also the shutdown of Namrup plant II since May this year.
Private Companies and Joint Ventures
Natural gas production by private companies and Joint Ventures (JVs) increased 5 per cent to 459 MMSCM in July.
Cumulative natural gas output by this segment of producers during the April-July 2019 period declined 13 per cent to 1,682 MMSCM.
The decline is attributed to stoppage of production from Reliance Industries’ MA field and the closure of two wells in D1D3 field. Also, reduced production from Essar’s CBM block in Raniganj East due to planned maintenance led to the overall drop.
ET Energy World