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HELP Hydrocarbon Exploration and Licensing Policy

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Tamil Research Institution (TRI)<br />

4.4.1 Oil <strong>and</strong> Gas Production in PSC Regime in 2015-16:<br />

Under the PSC regime, in 2015-16, 37 oil <strong>and</strong> gas blocks; <strong>and</strong> 5 CBM blocks were under production. A total of 16 companies<br />

were operating in these producing fields/ blocks in 2015-16. Currently, crude oil <strong>and</strong> natural gas production is from seven<br />

sedimentary basins of the country which are - Rajasthan, Assam-Arakan, Assam Shelf Basin, Cambay, Cauvery, Krishna-<br />

Godavari <strong>and</strong> Mumbai.<br />

Crude oil production during 2015-16 was 11,356 TMT as against the target of 10,719 TMT. Achievement with respect to<br />

target was 106% <strong>and</strong> w.r.t 2014-15 it was 96 %. Majority of the oil produced was from the Rajasthan basin (76 %), followed<br />

by Krishna Godavari Basin (11 %). In 2015-16, the share of offshore crude oil production was about 22 % <strong>and</strong> the remaining<br />

crude oil production was from 4 States viz., Rajasthan, Gujarat, Arunachal Pradesh <strong>and</strong> Tamil Nadu.<br />

Gas production under PSC Regime during 2015-16 is 8235 MMSCM as against the target of 8362 MMSCM. Achievement<br />

w.r.t target is 98 % <strong>and</strong> that of w.r.t 2014-15 is 92 %. In CBM blocks, the gas production was 393 MMSCM. Majority of the<br />

gas is coming from Krishna Godavari basin (53 %), followed by Mumbai basin (26%). In 2015-16, the share of offshore<br />

natural gas production was about 80%. The remaining natural gas production including CBM was from 7 States viz.,<br />

Rajasthan (14%), Gujarat (1.1%), West Bengal (4.7 %), Arunachal Pradesh (0.22 %), Jharkh<strong>and</strong> (0.02%), Madhya Pradesh<br />

(0.02%) <strong>and</strong> Tamil Nadu (0.01%).<br />

Basin wise<br />

Oil Production in<br />

PSC Regime<br />

in 2015-16<br />

0.5%<br />

4.9%<br />

0.1%<br />

10.8%<br />

Assam-Arakan<br />

Cambay<br />

Cauvery<br />

Krishna Godavari<br />

75.7%<br />

8%<br />

Mumbai<br />

Rajasthan<br />

Fig. 4.68<br />

52.6%<br />

Krishna Godavari<br />

Basin wise<br />

Gas Production in<br />

PSC + CBM Contract<br />

Regime in 2015-16<br />

26.5%<br />

Mumbai<br />

13.7%<br />

Rajasthan<br />

0.2%<br />

1.9%<br />

0.3%<br />

4.8%<br />

Assam-Arakan<br />

Cambay<br />

Cauvery<br />

CBM<br />

Fig. 4.69<br />

70<br />

E&P Activities : 2015-16<br />

www.tamilri.com

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