MINISTER OF PETROLEUM AND NATURAL GAS
(SHRI DHARMENDRA PRADHAN)
(a) The details of domestic crude oil production in Million Metric Tonnes (MMT) during last five years along with percentage self-sufficiency are given below: -
Crude Oil
2014-15
2015-16
2016-17
2017-18
2018-19
Domestic Production (including condensate)
37.5
36.9
36.0
35.7
34.2
Self-sufficiency based on consumption of POL products
21.7%
19.4%
18.3%
17.1%
16.3%
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The domestic natural gas production in Million Metric Standard Cubic Meters (MMSCM) during the last five years is as under:
Natural Gas
2014-15
2015-16
2016-17
2017-18
2018-19
Gross Domestic Production
33,657
32,249
31,897
32,649
32,873
Self Sufficiency (%)
63.7%
59.3%
55.4%
53.6%
52.8%
(b) During last five years, i.e. from 2014-15 to 2018-19, Oil India Limited (OIL) has invested ?15,927.03 crore, Oil and Natural Gas Corporation (ONGC) has invested ?119,535.48 crore in their nomination fields and $5,528 Million (provisional) has been invested in fields under Production Sharing Contract regime.
(c) & (d) The gas production in Million Metric Standard Cubic Meters (MMSCM)) from ONGC for the year 2018-19 (Actual), 2019-20 (BE target) and Projections till 2022-23 are as under:-
Year
2018-19
2019-20
2020-21
2021-22
2022-23
Gas Production
24,747
26,265
27,824
30,796
32,015
ONGC is undertaking various steps to increase the production of natural gas including redevelopment of existing matured fields and development of new fields/marginal fields. ONGC is giving major thrust to develop discoveries made in the Krishna Godavari basin in Eastern offshore including NELP Block KG-DWN-98/2. Integrated Development of G-1 & GS-15 fields and integrated development of Vashishta-S1 have been completed and put on production. In addition, ONGC is also developing Coal Bed Methane (CBM) Blocks. ONGC has planned to invest (CAPEX) ?160,141 crore for the next five years to achieve the targets. ONGC makes investments from various sources including internal accruals, short and long term loans.
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