Oil, gas production from ONGC, OIL below target: Government -Governance Now

Oil, gas production from ONGC, OIL below target: Government

Production has consistently been below the target over the past three years

GN Bureau | May 10, 2016

#ONGC #production #natural gas #Oil #OIL

Ageing fields, frequent blockades, and contractual issues, among others are the reasons for low production of crude oil and natural gas from Oil India (OIL) and ONGC.

The government on Monday informed the Lok Sabha that the production has consistently been below the target in the past three years, Deccan Herald reported.

The ONGC had targeted to produce 22.732 MT of crude oil in 2015-16, but it produced only 22.368 MT. In two previous years too, the production was lower than the target, petroleum minister Dharmendra Pradhan said in a written reply.

Also, OIL targeted to produce 3.595 MT of crude oil in 2015-16, but could produce only 3.226 MT. In 2013-14 and 2014-15 too, the crude oil production by OIL had declined.

The production of natural gas was targeted at 23.908 MT from ONGC fields, but the company could produce only 21.177 MT. OIL aimed at producing 3.001 MT of natural gas, but could reach a level of only 2.838 MT in 2015-16. In the past two years, natural gas production from the two firms also declined, the minister said.

“Most of the oil and gas producing fields of ONGC and OIL are mature and at natural declining phase. In order to arrest the natural decline of these fields, ONGC and OIL have taken various action for augmenting/maintaining crude oil and natural gas production,” Pradhan said.

He said, delay in completion of development and redevelopment of projects have also been the reason for lower production of gas and crude oil.

Comments

Other News

“India AI Impact Expo a powerful convergence of ideas, innovation & intent”

Prime minister Narendra Modi on Tuesday hailed the India AI Impact Expo 2026 as a powerful convergence of ideas, innovation, and intent. Sharing highlights of the event’s inauguration, he said the Expo, which got underway here on Monday, highlighted the extraordinary potential of Indian talent in sha

BMC polls: 24% winners have declared criminal cases against themselves

As many as 54 (or 24%) out of the 227 winning candidates of the Brihanmumbai Municipal Corporation (BMC) elections have declared criminal cases against themselves, according to an analysis by the Association for Democratic Reforms (ADR) and Maharashtra Election Watch. As many as 29 (13

PM`s first decisions from Seva Teerth reflect spirit of Seva

In his very first set of decisions after shifting to Seva Teerth, the new address of the PMO, PM Narendra Modi signed important files relating to decisions that reflect the spirit of Seva. These decisions touch every section of society: farmers, women, youth, and vulnerable citizens. 1.

AI@Work: Driving productivity, jobs, and innovation

Key Takeaways India ranks 3rd in Stanford University`s 2025 Global AI Vibrancy Ranking. Data infrastructure, entrepreneurship and demography are key enablers for AI adoption. In India the relative penetration of AI skills was 2.5 ti

Urban Blind Spot: Animals, governance, and the cost of ignoring coexistence

India’s cities are expanding at an unprecedented pace, absorbing people, infrastructure, and economic activity at scale. What urban governance frameworks have been slower to absorb is a reality already playing out on the ground: animals are an inseparable part of urban life. From community dogs and p

How India uses AI in the field of culture and languages

* India is institutionalising AI for culture and languages through national platforms such as BHASHINI, Anuvadini, Gyan Bharatam and Adi Vaani etc. * AI is being used to make cultural and knowledge assets usable by digitisation of manuscripts, translation of academic content, and in