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Why India's poor oil and gas output record makes no headlines-II: Gas output is worryingly down
Mar 24:   What is more worrying is the sharp 9.95% decline in February, 2017 in gas production than what was the target. Worse still, output fell by 1.66% from what it was in February, 2016.
8Cumulative natural gas production during April, 2016­February, 2017 was 29146.41 MMSCM which was 5.99% lower than target for the period and 1.90% lower than the production during corresponding period of last year.
8ONGC had a 5.84% shortfall mainly due to due to less than planned production from Daman & C­26 Cluster due to an evacuation constraint (export lines to TCPP platform are not ompleted) and natural decline from the Bassein field.
8Gas output by OIL however was 225.18 MMSCM which is 6.37% higher than target for the month but 3.07% higher than February, 2016. Cumulative natural gas production by OIL during April, 2016­February, 2017 was 2685.53 MMSCM which was 0.78% lower than the cumulative target but 3.92% higher than the production during the corresponding period of last year.
8The point to note is that output from Pvt/JVs during February, 2017 was 524.24 MMSCM which was 25.80% lower than the monthly target and 14.85% lower when compared with February, 2016. Cumulative natural gas production was 6345.21 MMSCM which was 17.04% lower than the target and 16.42% less than the production during the corresponding period of last year.
Reasons for shortfall in Pvt/JV production were:
-- Underperformance of wells in KG­ OSN­2001/3
-- Poor output from the Sohagpur West CBM block, closure of few wells for maintenance in Raniganj East CBM block.
-- Closure of 2 wells in D1D3 field in KG­DWN­98/3.
-- RJ­ON­90/1: Less production from Mangala as one power fluid pump tripped in the third week of February. Few high water cut wells closed at Mangala while there was some poor reservoir performance of Bhagyam, leading to a short fall.
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