Page 73 - DGH_Annual_Report

Exploration and Production Activities 73

3.3 Oil and Gas Production The year witnessed a decrease in crude oil
production by 2.2% and in gas production by
In FY 2024-25, the country achieved 91.8% of its 0.9% as compared to the previous year i.e FY
crude oil production target by producing 28.70 2023-24.
MMT against crude production target of 31.27
MMT, while the domestic gas production stands The production performance during the year
at 36.11 BCM against the target of 39.67 BCM. can be explained by the following tables and
figures

Table 3.4: Oil and Gas production in the country – 2024-25

Operator OIL TMT Gas (MMSCM)
(Regimes)
2023- 2024-25 %, Ach w.r.t 2023-24 2024-25 %, Ach w.r.t
24
Actual Target Actual Target 23-24 Actual Target Actual Target 23-24

ONGC (N) 19210 19659 18466 93.9% 96.1% 19316 19998 18795 94.0% 97.3%

OIL (N) 3344 3958 3444 87.0% 103.0% 3090 3929 3171 80.7% 102.6%
PSC + 6803 7655 6793 88.7% 99.9% 14033 15746 14143 89.8% 100.8%
RSC+CBM
Country 29357 31272 28703 91.8% 97.8% 36439 39673 36109 91.0% 99.1%

Figure 3.3: Crude oil production of country in Figure 3.4: Natural Gas Production of Country
FY 2024-25, TMT in FY 2024-25, MMSCM

24%

Total 39% Total
28703 36109
64% 52%
(TMT)
12% (MMSCM )

9%

ONGC (Nomination) OIL (Nomination) PSC + RSC
ONGC (Nomination) OIL (Nomination) PSC, RSC
and CBM